SAN JUAN, Puerto Rico (AP) _ Evertec Inc. (EVTC) on Thursday reported third-quarter earnings of $34.5 million.

On a per-share basis, the San Juan, Puerto Rico-based company said it had profit of 47 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 65 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.

The payment processing company posted revenue of $136.5 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $120.6 million.

Evertec shares have climbed slightly more than 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $34.48, a climb of nearly 6% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVTC at https://www.zacks.com/ap/EVTC

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