16 October 2017
visit www.response.ncr.com

NCR posts Q2 loss

28 July 2015  |  2186 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


Related blogs

Create a blog about this story (membership required)
visit www.temenos.comvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
14319 views comments | 11 tweets | 3 linkedin
Taiwan's Far Eastern International Bank suffers malware attackTaiwan's Far Eastern International Bank su...
13030 views comments | 16 tweets | 22 linkedin
Monzo fends off suitors as current account upgrade beginsMonzo fends off suitors as current account...
8936 views comments | 17 tweets | 14 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
7846 views comments | 15 tweets | 20 linkedin
Ripple blockchain network hits 100-member markRipple blockchain network hits 100-member...
7571 views comments | 13 tweets | 13 linkedin

Featured job

Find your next job