other material
confidence high
sentiment positive
materiality 0.95
Diebold Nixdorf to emerge from Chapter 11 Aug 11, relist on NYSE Aug 14; Q2 revenue up 8.3% to $922M
DIEBOLD NIXDORF, Inc
- Emergence from Chapter 11 expected Aug 11; new shares to trade on NYSE under DBD starting Aug 14.
- Existing common stock (DBDQQ) canceled upon emergence; holders receive no recovery.
- Q2 total revenue $922.2M (+8.3% YoY); gross profit $225.2M (+40.0% YoY).
- Non-GAAP gross profit $227.9M (+8.6% YoY); gross margin 24.4% (+550 bps).
- Banking shipped ~14,700 units; Retail shipped ~7,300 SCO units; secured service contracts up to $24M.