earnings
confidence high
sentiment positive
materiality 0.75
NCR Q1 revenue $1.9B (+1%); GAAP EPS $0.04, non-GAAP $0.56; separation on track for Q4
NCR Voyix Corp
2023-Q1 EPS reported
$0.04
revenue$1,891,000,000
- Revenue $1.9B, up 1% (4% constant currency); recurring revenue $1.2B, up 4% (7% constant currency).
- Net income from continuing ops $9M (up 127%); GAAP diluted EPS $0.04 (up 115%); non-GAAP diluted EPS $0.56 (up 6%).
- Adjusted EBITDA $302M, up 11% (19% constant currency); free cash flow $209M.
- Separation into two public companies on track for planned Q4 2023 completion.
- Combined free cash flow over $400M in past two quarters; leverage reduced ahead of separation.