NCR Corporation reported strong fourth quarter results, with revenue of $2.034 billion, a 25% increase year over year. The company's full year revenue was $7.156 billion, up 15%. The company launched a board-led strategic review process to evaluate a full range of strategic alternatives available to enhance both NCR’s value and shareholder returns.
Delivered strong full year and solid fourth quarter 2021 results
Full year revenue of $7.16 billion, up 15%; Recurring revenue growth of 25%
Full year cash flow from operations of $1.08 billion; Free cash flow of $460 million
Full year GAAP diluted EPS of $0.58; Non-GAAP diluted EPS of $2.56
For the full year 2022, NCR is forecasting revenue of $8 billion to $8.2 billion, up 12% to 15%, Adjusted EBITDA of $1.5 billion to $1.575 billion, up 21% to 27%, Non-GAAP diluted earnings per share of $3.25 to $3.55, up 27% to 39%, and Free cash flow of $500 million to $600 million.
Analyze how earnings announcements historically affect stock price performance