NCR Announces First Quarter 2020 Results
NCR Corporation (NCR)
Last ncr corporation earnings: 4/30 04:05 pm
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US:NYSE Investor Relations:
investor.ncr.com
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Source: Business Wire
ATLANTA--(BUSINESS WIRE)--NCR Corporation (NYSE: NCR) reported financial results today for the three months ended March 31, 2020. First quarter and other recent highlights include:Revenue of $1.50 billion, down 2% as reported and down 1% constant currencyRecurring revenue up 6% as reported and up 7% constant currencyGAAP diluted EPS of $0.13; Non-GAAP diluted EPS of $0.31Cash and cash equivalents of $1.2 billion as of March 31, 2020; Issued $400 million senior unsecured notes on April 13, 2020Improved liquidity and financial flexibilityBusiness impacted by COVID-19 and Nashville Global Fulfillment Center outage “We had a solid start to 2020, until our business was challenged by tornadoes that damaged our Nashville Global Fulfillment Center in early March and by the COVID-19 pandemic,” said Michael Hayford, President and Chief Executive Officer. “We are executing a plan to manage our business through the pandemic, while prioritizing the health and safety of our employees and custom
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