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Investegate |Hutchison China Medi Announcements | Hutchison China Medi: Final Results, Business Update and Name Change
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Hutchison China MediTech Limited Reports 2020 Full Year Results and Provides Business Updates
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
EVERTEC Reports Fourth Quarter and Full Year 2020 Results
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Announces 2021 Outlook
SAN JUAN, Puerto Rico–(BUSINESS WIRE)–EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Highlights and Recent Highlights
Revenue increased 6% to $134.2 million
GAAP Net Income attributable to common shareholders was $32.3 million, or $0.44 per diluted share
Adjusted EBITDA increased 16% to $63.9 million
Adjusted earnings per common share was $0.59, or a 23% increase
Launched Santander Chile and Citibanamex products
Expanding in Mexico with Mercado Libre
Full Year 2020 Highlights
GAAP Net Income attributable to common shareholders was $104.4 million, or $1.43 per diluted share
Adjusted EBITDA increased 6% to $240.5 million
Adjusted earnings per common share was $2.07, or a 6% increase
Represents an amount equal to or in excess of 100% or not meaningful. 2020 was one of the most challenging years in aviation history. For Spirit, the 737 MAX grounding and the COVID-19 pandemic created a dual-crisis. Our response focused on five critical actions: protecting employees, restructuring our cost base, strengthening our liquidity, implementing productivity projects, and diversifying the business with our planned acquisitions, said Tom Gentile, Spirit AeroSystems President and Chief Executive Officer. With these actions, we worked to stabilize our liquidity and ended the year with $1.9 billion in cash while positioning Spirit to continue playing a leadership role in the aviation industry.