earnings
confidence high
sentiment positive
materiality 0.75
Diebold Nixdorf Q3: Revenue down 1.7% to $927M; Adj. EBITDA up 7.7% to $117.5M
DIEBOLD NIXDORF, Inc
2024-Q3 EPS reported
-$0.59
revenue$2,762,200,000
- GAAP net loss of $21.7M widened 152.4% YoY; Non-GAAP gross margin expanded 250 bps to 27.9%.
- Adjusted EBITDA (non-GAAP) rose 7.7% YoY to $117.5M; expects to hit high end of $435M-$450M FY guidance.
- Free cash flow use improved 73.7% YoY to $(24.9) million; net cash use from ops improved 81.1%.
- First ATM provider ready for Microsoft Windows 11; Moody's upgraded credit rating with positive outlook.
- Banking wins in U.S., Netherlands, Brazil, Asia-Pacific; lean manufacturing expanded to Germany and Brazil.