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Jun 30, 2024
Diebold Nixdorf Q2 2024 Earnings Report
Reported strong financial results and updated full-year outlook reflecting higher profitability.
Key Takeaways
Diebold Nixdorf reported a strong second quarter with revenue of $939.7 million, a 1.9% increase year-over-year. Operating profit improved significantly to $70.7 million, compared to a loss of $3.9 million in the prior year. The company also updated its full-year adjusted EBITDA guidance to a range of $435 million to $450 million.
Revenue (GAAP) increased by 1.9% year-over-year to $939.7 million.
Operating profit (GAAP) was $70.7 million, a significant improvement from the prior-year loss of $3.9 million.
Net cash used from operating activities (GAAP) improved by 96.7% year-over-year to $(8.0) million.
The company raised its full-year adjusted EBITDA guidance to a range of $435 million to $450 million.
Diebold Nixdorf
Diebold Nixdorf
Diebold Nixdorf Revenue by Segment
Revenue by Segment
Banking Services Revenue
CapyFin.comBanking Products Revenue
CapyFin.comRetail Services Revenue
CapyFin.comRetail Products Revenue
CapyFin.com Forward Guidance
Company updates full-year adjusted EBITDA outlook to reflect higher profitability for the year, driven by its continuous improvement efforts and updating full-year revenue outlook to flat, which incorporates continued strength in banking, offset by retail product market headwinds, as well as a modest unfavorable impact from foreign currency exchange.
Positive Outlook
- Company updates full-year adjusted EBITDA outlook to reflect higher profitability for the year, driven by its continuous improvement efforts.
Challenges Ahead
- Updating full-year revenue outlook to flat, which incorporates continued strength in banking, offset by retail product market headwinds, as well as a modest unfavorable impact from foreign currency exchange.
Revenue & Expenses
Visualization of income flow from segment revenue to net income