secwatch.observer — SEC 8-K summary
======================================

Issuer:     NCR Voyix Corp (VYX)
CIK:        0000070866
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0000070866-24-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70866/000007086624000023/0000070866-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70866/000007086624000023/ncr-20240509.htm
  HTML page:      https://secwatch.observer/filing/0000070866-24-000023

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