Payments
NCR Voyix releases 2024 Q1 results
May 9, 2024
NCR Voyix Corp. reported its financial results for the first quarter of 2024. It saw a GAAP revenue of $862 million, down from $916 million year-over-year, and normalized revenue of $858 million compared to $889 million last year, according to a press release.
Other key findings include:
- Adjusted EBITDA was $120 million compared to $124 million year-over-year.
- Software and services revenue went up 2% to $666 million.
- Retail revenue was $86 million compared to $83 million last year.
- Digital banking revenue was $147 million compared to $137 million last year.
- The company predicts and adjusted EBITDA of $632 to $657 million for the full year of 2024.
"We continued to execute on our product-led strategy in the first quarter, driving customer conversions to our Commerce Platform and signing new customers," David Wilkinson, CEO of NCR Voyix, said in the release. "We see opportunities across all of our segments to enhance our existing customer relationships, expand our market share and deliver market-leading technology and best-in-class services, the combination of which will drive profitable growth."
Related Media
Subscribe
Get the latest news and resources from ATM Marketplace.
