NCR Announces Second Quarter 2017 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
DULUTH, Ga.--(BUSINESS WIRE)-- NCR Corporation (NYSE: NCR) reported financial results today for the three months ended June 30, 2017. Second quarter highlights include: GAAP diluted EPS of $0.64, up 31% from $0.49 in the prior year; Non-GAAP diluted EPS of $0.80, up 13% constant currency from $0.72 in the prior year Revenue of $1.59 billion, down 2% as reported and up 3% excluding FX and the IPS divestiture Software revenue up 3% driven by cloud growth of 9%; Net ACV of $18 million in the quarter, up 13% GAAP gross margin rate expanded 160 basis points to 29.1%; Non-GAAP gross margin rate expanded 150 basis points constant currency to 30.1% GAAP operating margin rate expanded 110 basis points to 11.2%; Non-GAAP operating margin rate expanded 90 basis points constant currency to 13.5% 2017 Revenue, diluted EPS
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