NCR Atleos Q1 revenue up 6% to $1.05B; Adj. EBITDA up 11%; reaffirms FY guidance

NCR Atleos Corp

2024-Q1 EPS reported -$0.11 revenue$1,050,000,000

Revenue $1.05B (+6% YoY); recurring revenue record $763M (+7%).
Adjusted EBITDA $162M (+11% YoY); GAAP net loss $8M.
Non-GAAP diluted EPS $0.41; GAAP diluted loss per share $0.11.
Operating cash flow $148M; adjusted free cash flow $69M.
Reaffirms full-year 2024 guidance; issues Q2 guidance.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

NCR Atleos Corp reported the three months ended March 31, 2024 results: revenue $1.05 billion, net income $8 million, EPS $0.11. Guidance reaffirmed.

Period: the three months ended March 31, 2024
Revenue: $1.05 billion
Net income: $8 million
EPS: $0.11
Guidance: reaffirmed
Result: reported results

Exact text from the filing

results and other recent highlights include: • Strong start to 2024 with financial results at or above the high-end of first quarter guidance • Revenue grew 6% year-over-year to $1.05 billion; Recurring revenue grew 7% to a record $763 million • Adjusted EBITDA grew 11% year-over-year to $162 million; Adjusted free cash flow 1 of $69 million • GAAP net loss of $8

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Source: SEC EDGAR

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