NCR Voyix Q3 revenue $711M (-12% YoY); net loss narrows to $31M; sells Digital Banking for $2.45B

NCR Voyix Corp

2024-Q3 EPS reported $6.62 revenue$2,144,000,000

Q3 GAAP revenue $711M vs $809M prior year; net loss from continuing ops $31M vs $266M.
Adjusted EBITDA $93M vs $103M; non-GAAP diluted EPS $0.00; Software & Services revenue $517M.
Completed sale of Digital Banking to Veritas Capital for $2.45B cash plus up to $100M contingent.
Used proceeds to reduce debt and other obligations by $1.84B; plans ~$100M for share repurchases.
Maintains FY2024 outlook: total revenue $2.805B-$2.860B, adj. EBITDA $355M-$375M.

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