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Sep 30, 2023
NCR Q3 2023 Earnings Report
NCR Atleos reported an increase in revenue and adjusted EBITDA, but experienced a net loss due to separation-related expenses.
Key Takeaways
NCR Atleos Corporation reported a 4% year-over-year increase in revenue, reaching $1.1 billion for Q3 2023. Recurring revenue also increased by 6% year-over-year, totaling $765 million. However, the company experienced a net loss of $58 million, impacted by substantial separation transaction-related expenses. Adjusted EBITDA increased by 7% year-over-year to $210 million.
Revenue increased by 4% year-over-year to $1.1 billion.
Recurring revenue increased by 6% year-over-year to $765 million.
Net loss of $58 million was reported, impacted by separation transaction-related expenses.
Adjusted EBITDA increased by 7% year-over-year to $210 million.
NCR
NCR
NCR Revenue by Segment
Revenue by Segment
Self-Service Banking Revenue
CapyFin.comNetwork Revenue
CapyFin.comT&T Revenue
CapyFin.com Forward Guidance
No forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income