NCR Q3 2024 Earnings Report
Key Takeaways
NCR Atleos reported revenue of $1.08 billion, with service revenue reaching a new high of $843 million. GAAP net income was $24 million, and Adjusted EBITDA was $207 million. The company reaffirmed its 2024 guidance, moving Non-GAAP EPS guidance to the high end of the range.
Revenue of $1.08 billion, with $790 million in recurring revenue.
GAAP net income of $24 million; Adjusted EBITDA of $207 million.
GAAP fully diluted earnings per share of $0.32; Non-GAAP fully diluted earnings per share of $0.89.
Operating cash flow of $107 million.
NCR
NCR
NCR Revenue by Segment
Forward Guidance
The company reaffirmed its full year 2024 guidance, with revenue of approximately $4.3 billion, Adjusted EBITDA of approximately $785 million, Non-GAAP Diluted EPS of approximately $3.12, and Adjusted free cash flow-unrestricted of approximately $205 million.
Positive Outlook
- Revenue approximately $4,300 million
- Adjusted EBITDA approximately $785 million
- Non-GAAP Diluted EPS approximately $3.12
- Adjusted free cash flow-unrestricted approximately $205 million
- Non-GAAP EPS guidance moved to high end of range
Revenue & Expenses
Visualization of income flow from segment revenue to net income