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Mar 31, 2024
NCR Q1 2024 Earnings Report
NCR Voyix reported first quarter results, showing a decrease in revenue but an increase in Software & Services Revenue.
Key Takeaways
NCR Voyix reported a decrease in revenue by 6% compared to the prior year, with GAAP revenue of $862 million. However, Software & Services Revenue increased by 2%. The company reported a net loss from continuing operations attributable to NCR Voyix of $40 million, but non-GAAP diluted EPS was $0.13.
Software & Services Revenue increased by 2% to $666 million.
Total Segment ARR increased by 5% to $2.1 billion.
Software ARR increased by 6% to $1.3 billion.
Non-GAAP diluted EPS was $0.13.
Revenue by Segment
Forward Guidance
The Company is reiterating full year 2024 guidance.
Positive Outlook
- Total Revenue: $3,600M – $3,700M
- Software & Services Revenue: $2,700M – $2,750M
- Hardware Revenue: $900M – 950M
- Adjusted EBITDA: $632M – $657M
- Adjusted Free Cash Flow-Unrestricted: $155M – $185M
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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