Dr. Colin J. Parris
appointed Dr. Colin J. Parris to the Board, effective immediately, to fill the vacancy created by the increase.
Highest-materiality recent filing
Diebold Nixdorf Q2: revenue $930.8M, adj. EPS $1.10, reaffirms FY outlook
Revenue $930.8M (+1% YoY); net income $16.2M (+28% YoY); GAAP EPS $0.44 (+33% YoY).
Diebold Nixdorf Q1 revenue up 6%, adjusted EPS $0.67 vs $0.37, record cash flow
Revenue $891.8M (+6% YoY); adjusted EBITDA $99.1M; GAAP EPS $0.14 vs $(0.22), adjusted $0.67 vs $0.37.
Revenue of $3.81B (+2% YoY); GAAP net income $98M; adjusted EPS $5.59 (more than doubled YoY).
Diebold Nixdorf Q3: revenue up 2%, adjusted EPS doubles, new $200M buyback authorized
Q3 revenue $945.2M (+2% YoY); GAAP EPS $1.11; adjusted EPS $1.39 (doubled YoY).
Q2 revenue $915.2M (+9% sequential); GAAP net income $12.7M; non-GAAP adj EBITDA $111.2M.
Diebold Nixdorf Q1 revenue $841M, net loss $7.5M, maintains FY outlook, backlog $900M
Revenue $841.1M in line; GAAP net loss $(7.5)M; adjusted EBITDA $87.3M.
Diebold Nixdorf unveils 3-year growth plan targeting $800M cumulative FCF, 60%+ conversion by 2027
2027 targets: revenue $3.98B-$4.08B (mid-single-digit growth), adj. EBITDA $550M-$600M (low double-digit growth).
Diebold Nixdorf FY24 revenue $3.75B, adj. EBITDA $452M; authorizes $100M buyback
FY24 revenue $3.75B, net loss $(15)M, adjusted EBITDA $452M, free cash flow $109M.
Diebold Nixdorf completes $950M notes offering, reduces total debt by $100M
Issued $950M of 7.750% Senior Secured Notes due 2030 at par; interest payable semi-annually Mar 31/Sep 30.
Diebold Nixdorf launches $950M note offering, Dutch auction for $1.05B term loans
Commences $950M senior secured notes offering due 2030; net proceeds to repurchase term loans and repay revolver.
Diebold Nixdorf Q3: Revenue down 1.7% to $927M; Adj. EBITDA up 7.7% to $117.5M
GAAP net loss of $21.7M widened 152.4% YoY; Non-GAAP gross margin expanded 250 bps to 27.9%.
Diebold Nixdorf Q2 revenue $939.7M (+1.9% YoY), net income $14.8M; raises FY EBITDA guidance
Revenue $939.7M (+1.9% YoY); GAAP operating profit $70.7M vs loss $3.9M prior year.
Diebold Nixdorf Q1 net sales $895M (+4% YoY); adjusted op profit $89M (+78%)
GAAP operating profit $23.8M vs $(2.1)M loss in prior-year predecessor period.
Diebold Nixdorf appoints Thomas S. Timko as CFO starting May 17, 2024
Thomas S. Timko appointed EVP & CFO effective May 17, 2024, succeeding James Barna.
Diebold Nixdorf Q4 net sales $1.04B (+7% YoY); adj EBITDA $401M for FY2023 at high end of guidance
Q4 GAAP net sales $1,036.8M, up 7% YoY; operating profit $55.5M vs loss $42.2M in prior year.
Diebold Nixdorf Q3 revenue up 17.1% to $943M; adjusted operating profit up 58.3%
Non-GAAP revenue $943.3M (+17.1% YoY); adjusted operating profit $95.0M (+58.3%).
Diebold Nixdorf files pro forma financials after emerging from Chapter 11 reorganization
New enterprise value of $2.15 billion used for fresh start accounting as of effective date Aug 11, 2023.
Diebold Nixdorf appoints four new independent directors, Patrick Byrne as chair
Board expanded from seven to eight members; four new directors appointed effective Sept. 22, 2023.
Diebold Nixdorf emerges from Chapter 11; old stock canceled, $1.25B exit facility drawn
On August 11, 2023, the U.S. Plan and WHOA Plan became effective, exiting Chapter 11 and Dutch proceedings.
Diebold Nixdorf to emerge from Chapter 11 Aug 11, relist on NYSE Aug 14; Q2 revenue up 8.3% to $922M
Emergence from Chapter 11 expected Aug 11; new shares to trade on NYSE under DBD starting Aug 14.
EVP & Chief Legal Officer Jonathan B. Leiken resigns to take senior exec role elsewhere; remains until emergence from Ch. 11 (expected Aug 2023).
Diebold Nixdorf Chapter 11 plan confirmed; expects exit in Q3 2023
U.S. Bankruptcy Court confirmed the prepackaged reorganization plan on July 13, 2023.
Diebold Nixdorf Dutch unit files Chapter 15 petition; hearing set for July 12, 2023
Diebold Nixdorf Dutch Holding B.V. filed a voluntary Chapter 15 petition on June 12, 2023, seeking U.S. recognition of its Dutch scheme proceeding.
Diebold Nixdorf enters $1.25B DIP credit facility on June 5, 2023
$1.25B DIP facility fully drawn on June 5, 2023; $760M Term B-1 and $490M Term B-2 tranches.
Diebold Nixdorf delisted from NYSE after Chapter 11; trades OTC under DBDQQ
NYSE notified delisting & suspended trading June 2, 2023 due to Chapter 11 and Dutch scheme proceedings.
Diebold Nixdorf files pre-packaged Chapter 11; enters restructuring support agreement with creditors
On June 1, 2023, Diebold Nixdorf and certain subsidiaries filed pre-packaged Chapter 11 cases in U.S. Bankruptcy Court and Dutch scheme proceedings.
Diebold Nixdorf files prepackaged Ch. 11 plan and Netherlands WHOA restructuring
Restructuring Support Agreement executed May 30, 2023 with initial consenting creditors.
Diebold Nixdorf enters Restructuring Support Agreement, plans prepackaged Chapter 11 filing
Company and certain subsidiaries signed RSA with creditors holding ~80% of Superpriority, ~79% of New Term Loan, ~78% of 2025 Senior Notes, ~58% of 2L Notes.
Diebold Nixdorf extends exchange offer; expects no consummation, warns of full equity dilution
Exchange offer for $72.1M 8.5% notes due 2024 extended to June 5, 2023, subject to creditor consents.
NYSE warns Diebold Nixdorf of delisting; share price below $1; extends bond exchange
NYSE notice on May 4, 2023: average closing price below $1.00 over 30 consecutive trading days.
Diebold Nixdorf Q1 rev up 3.4%, warns deleveraging may fully dilute shareholder equity
Q1 2023 revenue $858.1M (+3.4% YoY); gross profit $209.3M (+13% YoY).
Diebold Nixdorf extends exchange offer for 8.50% Senior Notes due 2024 to May 5
Exchange offer extended to May 5, 2023 from April 21; withdrawal deadline also extended.
Diebold Nixdorf extends exchange offer for 2024 notes; only 8.69% tendered
Extended exchange offer for $72.1M 8.50% notes due 2024 to April 7, 2023; only $6.27M (8.69%) tendered as of March 24.
appointed Dr. Colin J. Parris to the Board, effective immediately, to fill the vacancy created by the increase.
appointed Maura A. Markus to the Board, effective immediately, to fill the vacancy created by the increase.
On April 19, 2024, Diebold Nixdorf, Incorporated (the “Company”) agreed to an offer letter (the “Offer Letter”) with Thomas S. Timko, pursuant to which Mr. Timko has agreed to serve as Executive Vice President and Chief Financial Officer of the Company.
On September 22, 2023, the Board of Directors (the “Board”) of Diebold Nixdorf, Incorporated (the “Company”) increased the size of the Board from seven to eight members and appointed Patrick J. Byrne, age 63, Matthew J. Espe, age 65, Mark Gross, age 60, and David H. Naemura, age 64, to the Board, effective immediately, to fill the three prior vacancies on the Board as well as the additional vacancy created by the increase.
In addition, Mr. Byrne was appointed as Chair of the Board.
On September 22, 2023, the Board of Directors (the “Board”) of Diebold Nixdorf, Incorporated (the “Company”) increased the size of the Board from seven to eight members and appointed Patrick J. Byrne, age 63, Matthew J. Espe, age 65, Mark Gross, age 60, and David H. Naemura, age 64, to the Board, effective immediately, to fill the three prior vacancies on the Board as well as the additional vacancy created by the increase.
On September 22, 2023, the Board of Directors (the “Board”) of Diebold Nixdorf, Incorporated (the “Company”) increased the size of the Board from seven to eight members and appointed Patrick J. Byrne, age 63, Matthew J. Espe, age 65, Mark Gross, age 60, and David H. Naemura, age 64, to the Board, effective immediately, to fill the three prior vacancies on the Board as well as the additional vacancy created by the increase.
On September 22, 2023, the Board of Directors (the “Board”) of Diebold Nixdorf, Incorporated (the “Company”) increased the size of the Board from seven to eight members and appointed Patrick J. Byrne, age 63, Matthew J. Espe, age 65, Mark Gross, age 60, and David H. Naemura, age 64, to the Board, effective immediately, to fill the three prior vacancies on the Board as well as the additional vacancy created by the increase.
The Company has also notified David Caldwell, the Company’s Executive Vice President, Strategy & Corporate Development, that his position will be eliminated.
Elizabeth C. (Lisa) Radigan, has succeeded Mr. Leiken as the Company’s Executive Vice President, Chief Legal Officer and Secretary.
As previously disclosed, Jonathan B. Leiken, Executive Vice President, Chief Legal Officer and Secretary of the Company, is resigning to accept another senior executive position outside of the Company.
the Company notified Olaf Heyden, the Company’s Executive Vice President, Chief Operating Officer, that his service agreement will not be renewed and will otherwise expire on February 24, 2024 in accordance with its term.
Max materiality 1.00 · Median 0.72 · Most common event other_material