21 February 2018
Visit www.capgemini.com/worldreports

NCR posts Q2 loss

28 July 2015  |  2218 views  |  0 Source: NCR

NCR Corporation (NCR) reported financial results today for the three months ended June 30, 2015.

  • Revenue of $1.60 billion, down 3% as reported, up 4% constant currency; Software-related revenue of $440 million, down 1% as reported, up 3% constant currency
  • Non-pension operating income (NPOI) of $202 million, down 4% as reported, up 4% constant currency; Non-GAAP diluted EPS of $0.66
  • GAAP loss from operations of $(266) million, down 257%; GAAP diluted EPS of $(2.03); GAAP results impacted by $427 million non-cash charge for settlement of UK London pension plan
  • Free cash flow improvement of $92 million; net cash provided by operating activities of $167 million
  • Revenue and non-GAAP guidance reaffirmed for full-year 2015; Free cash flow guidance increased

“Our second quarter results were in line with our expectations and we remain on track to achieve our objectives for the full year,” said Chairman and CEO Bill Nuti. “Our constant currency results were driven by balanced performance across all of our businesses, including Retail Solutions where execution continues to improve, and we generated solid free cash flow growth. We also continued to transform our business through further growth of our software revenues, our commitment to a new state-of-the-art world headquarters in Technology Square in Atlanta, Georgia, and the transfer of our UK London pension plan to an insurer. We remain positioned at the forefront of the omni-commerce business environment to deliver innovative software platforms to help our customers meet the needs of the increasingly connected consumer." 

Read the full statement

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

NCR

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comRegister for the webinarVisit www.vasco.com

Top topics

Most viewed Most shared
ABN Amro moves escrow accounts to the blockchainABN Amro moves escrow accounts to the bloc...
10214 views comments | 15 tweets | 13 linkedin
ECB launches staunch defence of cashECB launches staunch defence of cash
9787 views 10 comments | 23 tweets | 26 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8524 views comments | 13 tweets | 12 linkedin
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
7506 views comments | 12 tweets | 5 linkedin
BBVA-backed digital banking startup targets gig economy workersBBVA-backed digital banking startup target...
7237 views comments | 8 tweets | 12 linkedin

Featured job

Find your next job