10:14 AM EST, 11/07/2024 (MT Newswires) -- Diebold Nixdorf ( DBD ) shares were sliding Thursday morning after the automated teller machine company reported a Q3 adjusted profit of $0.53 per diluted share, swinging from an adjusted loss of $2.28 a year earlier.

Two analysts polled by Capital IQ expected earnings of $1.14.

Revenue for the quarter ended Sept. 30 was $927.1 million, compared with $943.3 million a year earlier.

Two analysts surveyed by Capital IQ expected $929.5 million.

For 2024, the company said it expects flat revenue compared with a year earlier.

Price: 41.90, Change: -7.99, Percent Change: -16.02