other material
confidence high
sentiment neutral
materiality 0.75
NCR Atleos files pro forma financials showing net loss of $31M for H1 2023, $318M for FY2022
NCR Atleos Corp
- Pro forma net loss attributable to NCR Atleos of $31M for six months ended June 30, 2023, and $318M for year ended December 31, 2022.
- Pro forma revenue of $2.125B for H1 2023 and $4.384B for FY2022.
- Pro forma debt of ~$2.9B at 9.33% weighted average interest rate; cash balance ~$300M.
- Spin-off distribution: one share of NATL for every two NCR shares; expects to trade on NYSE.
- NCR Atleos hosted an investor day on September 5, 2023.