NCR Voyix Q1 revenue down 6% to $862M; net loss improves to $40M

NCR Voyix Corp

2024-Q1 EPS reported -$0.31 revenue$862,000,000

GAAP revenue $862M, down 6% YoY; normalized revenue $858M, down 3%.
Net loss from continuing ops improved to $40M from $66M loss; GAAP diluted EPS $(0.31), non-GAAP $0.13.
Software & Services revenue $666M (+2%); Total Segment ARR $2.1B (+5%); Software ARR $1.3B (+6%).
Digital Banking revenue up 7% to $147M; Retail down 7% to $491M; Restaurants down 4% to $202M.
FY 2024 guidance reaffirmed: revenue $3.6B-$3.7B, Adjusted EBITDA $632M-$657M, adj. FCF $155M-$185M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NCR Voyix Corp reported First Quarter 2024 results: revenue $862 million, net income $(40) million, EPS $(0.31) diluted EPS.

Period: First Quarter 2024
Revenue: $862 million
Net income: $(40) million
EPS: $(0.31) diluted EPS
Result: reported results

Exact text from the filing

On May 9, 2024, NCR Voyix Corporation (the “Company”) issued a press release setting forth its first quarter 2024 financial results and certain other financial information.

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Source: SEC EDGAR

accession 0000070866-24-000023

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