Second Quarter 2023 Earnings Conference Call slide image

Second Quarter 2023 Earnings Conference Call

Business Solutions Q2 2023 (in USD mm, except per share) Revenue Adjusted EBITDA (¹) Adjusted EBITDA margin Q2 2023 $57.0 $23.4 41.0% 11 Y-O-Y % -12% -22% -510bps Revenue decrease was due primarily to the impact from the assets sold to Popular partially offset by an increase in IT consulting services driven by the timing of certain projects. Margin decrease was primarily due to the impact from the assets sold to Popular. (1) Adjusted EBITDA, Adjusted Net Income and Adjusted EPS are compared with prior year recast figures. See Non-GAAP reconciliation summary in appendix, p.20-21 for current year reconciliation and prior year recast figures. evertec
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