secwatch.observer — SEC 8-K summary
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Issuer:     NCR Voyix Corp (VYX)
CIK:        0000070866
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000070866-24-000036
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70866/000007086624000036/0000070866-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70866/000007086624000036/ncr-20241107.htm
  HTML page:      https://secwatch.observer/filing/0000070866-24-000036

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