09:58 AM EDT, 08/07/2024 (MT Newswires) -- Diebold Nixdorf ( DBD ) shares climbed nearly 13% in recent Wednesday trading after the company reported higher and stronger-than-expected results for Q2.

The company reported Q2 adjusted net income of $1.16 per share, up from $0.26 a year earlier.

Two analysts polled by Capital IQ expected $1.05.

Net sales for the quarter ended June 30 were $939.7 million, up from $922.2 million a year earlier.

Two analysts surveyed by Capital IQ expected $913.5 million.

The company updated its 2024 revenue outlook to flat from its previous guidance of a low single-digit growth.

Price: 41.81, Change: +4.78, Percent Change: +12.91