Diebold Nixdorf reported strong Q3 2023 financial results, with a 17.1% increase in revenue, a 20.1% improvement in gross profit, and a 58.3% increase in operating profit compared to the prior-year period. The company saw significant growth in ATM unit sales and SCO deliveries and is tracking toward the top half of its full-year financial outlook ranges for revenue and adjusted EBITDA.
Revenue grew by 17.1% compared to the prior-year period.
Gross profit improved by 20.1% from the prior-year period.
Operating profit increased by 58.3% compared to the prior-year period.
ATM unit sales increased by nearly 25%, and SCO sales more than doubled from the prior year.
Diebold Nixdorf is tracking toward the top half of its full-year financial outlook ranges for revenue and adjusted EBITDA provided during the investor update on Aug. 14.
Visualization of income flow from segment revenue to net income