secwatch.observer — SEC 8-K summary
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Issuer:     NCR Voyix Corp (VYX)
CIK:        0000070866
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000070866-23-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCR Q1 revenue $1.9B (+1%); GAAP EPS $0.04, non-GAAP $0.56; separation on track for Q4
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70866/000007086623000013/0000070866-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70866/000007086623000013/ncr-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000070866-23-000013

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