---
schema_version: "secwatch.filing_event.v1"
accession: "0000028823-23-000098"
form_type: "8-K"
ticker: "DBD"
cik: "0000028823"
company_name: "DIEBOLD NIXDORF, Inc"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:47:33.234161+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Diebold Nixdorf Q1 rev up 3.4%, warns deleveraging may fully dilute shareholder equity

## Summary
- Q1 2023 revenue $858.1M (+3.4% YoY); gross profit $209.3M (+13% YoY).
- Warns any deleveraging transaction expected to substantially or fully dilute shareholder equity.
- Ongoing liquidity/capital structure discussions with lenders; 2023 outlook contingent on success.
- FY2023 outlook: revenue $3.7B-$3.9B, adjusted EBITDA $380M-$420M vs $265M in 2022.
- Secured $86M deal with global Europe-based bank for 4,000+ ATMs; $18M Sicredi deal.

## SEC filing metadata
- accession: 0000028823-23-000098
- form_type: 8-K
- ticker: DBD
- cik: 0000028823
- company_name: DIEBOLD NIXDORF, Inc
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/28823/000002882323000098/0000028823-23-000098-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/28823/000002882323000098/dbd-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000028823-23-000098
- JSON: https://secwatch.observer/filing/0000028823-23-000098.json
- Plain text: https://secwatch.observer/filing/0000028823-23-000098.txt

## Key facts
- Earnings Releases
  DIEBOLD NIXDORF, Inc reported first quarter of 2023 results: revenue $858.1 million. Guidance initiated.
  - Period: first quarter of 2023
  - Revenue: $858.1 million
  - Guidance: initiated
  - Result: reported results
  source text: Diebold Nixdorf (NYSE:DBD) today reported its first quarter 2023 financial results. Key Highlights • Operational execution leads to measurable year-over-year improvement across key financial metrics • Total revenue of $858.1 million, representing a 3.4% increase from the prior-year period, or an 8.7% increase excluding the impact of foreign currency and divestitures
  evidence_url: https://www.sec.gov/Archives/edgar/data/28823/000002882323000098/0000028823-23-000098-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.