NCR Q4 2023 Earnings Report
Key Takeaways
NCR Atleos reported a revenue of $1.1 billion, up 3% year-over-year, with recurring revenue up 10% year-over-year. The company's Q4 Adjusted EBITDA was $178 million, up 7% year-over-year after normalizing Q4 2022. Net loss attributable to Atleos was $161 million on a GAAP basis, with Non-GAAP diluted earnings per share of $0.69.
Completed separation transaction from NCR Corporation on October 16th.
More than 20,000 ATM-as-a-Service active units at year-end.
Revenue of $1.1 billion, up 3% year-over-year; recurring revenue of $777 million, up 10% year-over-year.
Q4 2023 Adjusted EBITDA was $178 million, up 7% year-over-year after normalizing Q4 2022.
NCR
NCR
NCR Revenue by Segment
Forward Guidance
Full year 2024 financial targets consistent with separation projections: Revenue of $4.2 - $4.4 billion; Adjusted EBITDA of $770 - $800 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income