NCR Announces Solid First Quarter 2023 Results
NCR Corporation (NCR)
Last ncr corporation earnings: 4/30 04:05 pm
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US:NYSE Investor Relations:
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Source: Business Wire
Separation Into Two Leading Public Companies On Track ATLANTA--(BUSINESS WIRE)--NCR Corporation (NYSE: NCR) reported financial results today for the three months ended March 31, 2023. First quarter results and other recent highlights include:Revenue of $1.9 billion, up 1%; up 4% on a constant currency basisRecurring revenue of $1.2 billion, up 4% and up 7% on a constant currency basisNet income from continuing operations attributable to NCR of $9 million, up 127%Adjusted EBITDA of $302 million, up 11% and up 19% on a constant currency basisGAAP diluted EPS from continuing operations of $0.04, up 115%Non-GAAP diluted EPS of $0.56, up 6%Net cash provided by operating activities of $317 million; Free cash flow of $209 millionCompany progressing toward separation into two public companies“Our first quarter results represent a good start to the year as we delivered strong recurring revenue growth, margin expansion and increased cash flow generation,” said Michael Hayford, Chief Executiv
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