secwatch.observer — SEC 8-K summary
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Issuer:     DIEBOLD NIXDORF, Inc (DBD)
CIK:        0000028823
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0000028823-23-000136
Event type: other_material
Sentiment:  positive
Materiality: 0.95
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Diebold Nixdorf to emerge from Chapter 11 Aug 11, relist on NYSE Aug 14; Q2 revenue up 8.3% to $922M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28823/000002882323000136/0000028823-23-000136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28823/000002882323000136/dbd-20230809.htm
  HTML page:      https://secwatch.observer/filing/0000028823-23-000136

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer