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Jun 30, 2024
NCR Q2 2024 Earnings Report
NCR Atleos reported strong second quarter financial results that were at or above the high-end of guidance ranges.
Key Takeaways
NCR Atleos Corporation reported a 4% year-over-year increase in revenue, reaching $1.08 billion, with recurring revenue growing by 9% to $793 million. The company's GAAP net income was $29 million, and Adjusted EBITDA was $193 million.
Second quarter financial results were at or above the high-end of guidance ranges.
Revenue grew 4% year-over-year to $1.08 billion; Recurring revenue grew 9% to $793 million.
GAAP net income of $29 million; Adjusted EBITDA of $193 million.
GAAP fully diluted income per share of $0.39; Non-GAAP fully diluted earnings per share of $0.81.
Revenue by Segment
Forward Guidance
The company reaffirms and narrows ranges for full year 2024 targets and issues third quarter guidance.
Positive Outlook
- Revenue Q3 2024 Targets: $1.045 - $1.075 billion
- Revenue FY 2024 Targets: $4.260 - $4.340 billion
- Adjusted EBITDA Q3 2024 Targets: $195 - $205 million
- Adjusted EBITDA FY 2024 Targets: $770 - $800 million
- Adjusted free cash flow-unrestricted FY 2024 Targets: $190 - $220 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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