financetom
Business
financetom
/
Business
/
NCR Voyix Reports Lower-Than-Expected Q2 Non-GAAP Earnings, Revenue; 2024 Revenue Outlook Cut
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NCR Voyix Reports Lower-Than-Expected Q2 Non-GAAP Earnings, Revenue; 2024 Revenue Outlook Cut
Aug 6, 2024 7:06 AM

09:33 AM EDT, 08/06/2024 (MT Newswires) -- NCR Voyix ( VYX ) reported Q2 non-GAAP earnings Tuesday of $0.09 per diluted share.

Analysts polled by Capital IQ expected $0.17.

NCR Voyix ( VYX ) was formed after the company's ATM-focused business was spun off as NCR Atleos in October last year.

Revenue for the quarter ended June 30 was $876 million.

Analysts surveyed by Capital IQ expected $886.6 million.

The company also said it has agreed to sell its digital banking business to Veritas Capital to focus on its restaurants and retailers segments.

The company said it now expects 2024 revenue of $2.81 billion to $2.86 billion, down from its prior guidance of $3.60 billion to $3.70 billion. Analysts polled by Capital IQ expect $3.63 billion.

Shares of the company were up 10.4% in early trading Tuesday.

Price: 13.80, Change: +1.30, Percent Change: +10.40

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Astronics Insider Sold Shares Worth $678,200, According to a Recent SEC Filing
Astronics Insider Sold Shares Worth $678,200, According to a Recent SEC Filing
Mar 5, 2024
04:30 PM EST, 03/05/2024 (MT Newswires) -- Robert S Keane, Director, on March 01, 2024, sold 35,527 shares in Astronics ( ATRO ) for $678,200. Following the Form 4 filing with the SEC, Keane has control over a total of 729,884 shares of the company, with 26,041 shares held directly and 703,843 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/8063/000162828024008929/xslF345X03/wk-form4_1709674101.xml ...
Ross Stores' Q4 EPS, Sales Rise More Than Street Forecasts; Sets Outlook, Stock Buyback Program
Ross Stores' Q4 EPS, Sales Rise More Than Street Forecasts; Sets Outlook, Stock Buyback Program
Mar 5, 2024
04:31 PM EST, 03/05/2024 (MT Newswires) -- Ross Stores ( ROST ) late Tuesday reported Q4 net income of $1.82 per diluted share, compared with $1.31 a year earlier. Analysts polled by Capital IQ expected $1.65. Sales for the 14 weeks ended Feb. 3 was $6.02 billion, up from $5.21 billion a year earlier. Analysts expected $5.81 billion. For the...
Autozone Insider Sold Shares Worth $15,644,527, According to a Recent SEC Filing
Autozone Insider Sold Shares Worth $15,644,527, According to a Recent SEC Filing
Mar 5, 2024
04:31 PM EST, 03/05/2024 (MT Newswires) -- Domingo Hurtado, Senior Vice President, on March 04, 2024, sold 5,085 shares in Autozone ( AZO ) for $15,644,527. Following the Form 4 filing with the SEC, Hurtado has control over a total of 156 shares of the company, with 156 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/866787/000122520824003607/xslF345X03/doc4.xml ...
Teva Pharmaceutical Industries Insider Sold Shares Worth $414,270, According to a Recent SEC Filing
Teva Pharmaceutical Industries Insider Sold Shares Worth $414,270, According to a Recent SEC Filing
Mar 5, 2024
04:30 PM EST, 03/05/2024 (MT Newswires) -- Richard D Francis, President and CEO, on March 03, 2024, sold 31,061 shares in Teva Pharmaceutical Industries ( TEVA ) for $414,270. Following the Form 4 filing with the SEC, Francis has control over a total of 123,295 shares of the company, with 123,295 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/818686/000095017024026008/xslF345X03/ownership.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved