NCR Corporation reported a 5% increase in fourth-quarter revenue, reaching $1.89 billion. The company's GAAP diluted EPS was $2.67, and non-GAAP diluted EPS was $0.85. Full-year revenue grew by 8% to $6.92 billion.
Fourth quarter revenue increased by 5% to $1.89 billion, or 6% in constant currency.
GAAP diluted EPS for the fourth quarter was $2.67, while non-GAAP diluted EPS was $0.85.
Full-year revenue grew by 8% to $6.92 billion, or 10% in constant currency.
The company is transitioning to a software and services-led enterprise and an as-a-Service company.
In 2020, NCR expects revenue growth of approximately 0% to 1%. Non-GAAP diluted earnings per share are projected to be $2.75 to $2.85. The company anticipates cash flow from operations between $640 million and $735 million, with free cash flow ranging from $250 million to $300 million.
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