Key Highlights

  • Evertec (NYSE:EVTC) lifted third-quarter Revenue 24% to USD 283.0 million, or about 21% in constant currency, though GAAP Earnings per diluted share eased to USD 0.49 from USD 0.51.
  • Flywire (NASDAQ:FLYW) recorded USD 74.5 million of net income, a figure propped up by a non-cash tax benefit of about USD 39.2 million that management does not expect to repeat.
  • Coupang (NYSE:CPNG) reported a USD 501 million net loss on USD 9.96 billion of revenue, up 7%, after the Incheon fulfillment center fire cost USD 180 million after tax.
  • Angi (NASDAQ:ANGI) unveiled a global workforce cut aimed at USD 50.0 million to USD 60.0 million of annual run-rate savings, as third-quarter revenue slid 9% to USD 242.0 million.

Evertec (NYSE:EVTC): Deals and Currency Lift Sales as GAAP Profit Eases

Evertec (NYSE:EVTC) released third-quarter numbers on November 3, 2026. Revenue increased 24% to USD 283.0 million, with acquisitions, underlying growth and a favorable currency backdrop all contributing, while constant currency revenue came to USD 277.0 million, up 21%. GAAP Net Income attributable to common shareholders slipped to USD 29.9 million from USD 32.9 million, a decline of about 9% by simple arithmetic. Management pointed to a Research and Development tax Credit gain booked last year that did not recur, along with heavier interest expense and a higher effective tax rate. Adjusted Earnings Per Share climbed 16% to USD 1.07, a figure that excludes acquisition-related amortization and benefits from fewer shares after buybacks. The adjusted EBITDA Margin eased to 39.0% from 40.5% as Latin America, which carries a different margin profile, gained weight in the mix. Business Solutions revenue declined under a 10% discount to Popular that started in the fourth quarter of 2025. Evertec also closed the BBChain acquisition, which brings blockchain and tokenization capabilities, and repurchased 500,946 shares at an average price of USD 30.78. Its 2026 adjusted EPS outlook stands at USD 4.00 to USD 4.08. The board lifted the repurchase authorization to USD 150 million.

Flywire (NASDAQ:FLYW): Tax Release Inflates Net Income Beyond Operations

Flywire (NASDAQ:FLYW), a global payments enablement and software firm, posted third-quarter results on November 3, 2026. GAAP revenue increased 25.1% to USD 250.3 million, and payment Volume grew 27.7% to USD 17.8 billion during the seasonal education peak. Net income reached USD 74.5 million, up from USD 29.6 million, yet it contains a non-cash income tax benefit of about USD 39.2 million from releasing a valuation allowance. Excluding that item leaves roughly USD 35.3 million, by simple arithmetic. The release separately cites a USD 25.2 million allowance release among discrete items, so the precise tax effect remains unclear. Adjusted EBITDA jumped 39.2% to USD 79.5 million, a 32.5% margin, even though adjusted gross margin dropped to 63.7% from 65.7%. The 2026 outlook was lifted, but the fourth-quarter guide calls for only 14% to 20% growth against 26.0% in the third quarter, reflecting cautious visa assumptions across the four largest education markets. Commercial activity included roughly 180 new clients in 31 countries. Student visa policy and currency moves are the principal risks, and gross margin fell year over year. One director stepped down, effective October 29, 2026.

Coupang (NYSE:CPNG): Fire, Fines and Rising Costs Tip Results Into a Loss

Coupang (NYSE:CPNG) lodged its third-quarter report on November 3, 2026. Revenue reached USD 9.96 billion, rising 7% as reported and 11% in constant currency, yet cost of sales climbed 13% and Operating Expense rose 18%. An operating loss of USD 450 million replaced a USD 162 million profit, and the net loss stood at USD 501 million compared with net income of USD 95 million. The Incheon fulfillment center fire cost USD 180 million after tax, roughly 36% of the net loss by our arithmetic, and without it the loss would be about USD 321 million. Adjusted EBITDA dropped 72% to USD 116 million, a 1.2% margin. The nine-month net loss reached USD 1.34 billion and includes administrative fines of about USD 410 million, although the third-quarter portion is not disclosed. Product Commerce sales rose 5% to USD 8.37 billion, but its segment adjusted EBITDA fell 45% to USD 385 million. Active customers hit 25.2 million, up 2%. Free Cash Flow swung to negative USD 72 million, and a voucher program worth about USD 1.2 billion ran from January until mid-April 2026. Growth has slowed since a data incident the company learned of in November 2025, and the filing warns of further remediation costs, enforcement and litigation. The extract left out Liquidity and guidance.

Angi (NASDAQ:ANGI): Job Cuts Arrive as Revenue Drops 9%

Angi (NASDAQ:ANGI) announced on November 3, 2026 that it is shrinking its global workforce, the same day it filed its quarterly report. Restructuring charges are expected between USD 18.0 million and USD 30.0 million, mostly in the fourth quarter of 2026 and the first half of 2027, against annual run-rate savings of USD 50.0 million to USD 60.0 million, some of which may be reinvested. That savings range equals roughly 5% to 6% of annualized third-quarter revenue of about USD 968 million, by our arithmetic. Sales dropped 9% to USD 242.0 million, while Average Monthly Active Pros shrank 14% to about 101,000. Total U.S. leads declined 18% to 4.485 million, although U.S. lead revenue rose 29% to USD 194.8 million, while Advertising revenue went from USD 57.8 million to zero. The company links consumers with home professionals across more than 500 categories. The Balance Sheet includes USD 400.0 million of 3.875% senior notes that mature August 15, 2028. Within the United States, services revenue fell 38% and membership revenue 20%, and the filing ties the drop to smaller Pro capacity and a shift in consumer traffic following a homeowner choice transition in January 2025. Network revenue slid 25%. Execution during the reorganization and continued lead declines are the main risks. Net income and adjusted EBITDA were not in the extract, so neither is quoted.

Where Things Stand

The 24% growth at Evertec (NYSE:EVTC) is partly acquired and partly currency-driven, since constant currency growth was about 21%. Across the group, headline figures can mislead. A tax benefit accounts for a large slice of the profit at Flywire (NASDAQ:FLYW). Coupang (NYSE:CPNG) posted a loss despite 11% constant currency revenue growth. Angi (NASDAQ:ANGI) is trimming costs while revenue shrinks. Nothing here points to where the shares head, as no price moves came with the data. Watch Evertec margin dilution, Flywire fourth-quarter growth, Coupang regulatory developments and how Angi reinvests its savings.