Fiscal fitness was top of mind for ATM industry members in May; three of the top five stories covered Q1 results for bellwether companies in the ATM sector.
June 3, 2015
Ah spring. "In the spring a young man's fancy lightly turns to thoughts of ... "
Q1 earnings. Things have changed since the days of Alfred, Lord Tennyson.
The first few weeks of May saw earnings reports from Cardtronics Inc., Diebold Inc., and NCR Corp. in rapid-fire succession. Results varied, but had one common theme: Headwinds. A comparatively strong dollar cost all of the companies some points in foreign currency exchange. Cardtronics fared best of the three; for the most part its expenses were in the same currency as its earnings.
As a preview to NCR Corp. earnings, rumors about a sale of part or all (the latter being viewed as less likely) of the company sprang up overnight and have stuck around as persistently as dandelions.
NCR is neither corroborating nor rooting out the rumors and remains mum on a possible deal. A commentary posted on Seeking Alpha speculated that one of four things might happen, and predicted their impact on the shareholder value of each:
Once all of the earnings May-hem died down in the second half of the month, readers turned their thoughts to other issues: planning for the future and making money now. Stories about millennial-age ATM users and profit-boosting strategies rounded out the top five.
cover photo istock
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