ATM Marketplace: November Top 5
November kicks off the holiday season in the US, but based on the underwhelming Q3 earnings presented early the month by three of the ATM industry's biggest names, the festivities may fall a little flat this year. and profiled in three of our top 5 features for November — the festivities this year may fall a little flat.
Q3 earnings for Cardtronics, Diebold Nixdorf and NCR were the subject of three of our top 5 stories for the month. Two others looked into EMV and Windows 10 upgrades in an industry that seems to be in a perpetual state of migration.
Our Nov. 9 webinar (now available for replay) covered operating systems, functionality and licensing requirements, timelines, and consumer experience.
The speed and magnitude of change in Western ATM markets cannot be overstated. The ability to quickly adapt — or not — will most likely determine the winners and losers among independent ATM deployers.
In Q3, ATM sales continued a downward trend is expected to continue into 2018. In the meantime, the company is focusing on software and services, as well as initiatives to integrate operations and cut costs.
After a quarter that management described as "sobering," the ATM giant was forced to lower its revenue expectations for the full year — and offer investors reasons to hope for more profitable results in 2018.
As shifting markets challenge the brand's earnings model, Steve Rathgaber made his last earnings presentation as CEO of Cardtronics, and expressed confidence that the leadership team he's built will carry on to find a profitable way forward.
All photos istock except No. 3, provided by Suzanne Cluckey
Suzanne Cluckey Suzanne’s editorial career has spanned three decades and encompassed all B2B and B2C communications formats. Her award-winning work has appeared in trade and consumer media in the United States and internationally. She is now the editor of ATMmarketplace.com and BlockChainTechNews.com www