NCR Corp. (NCR) Tops Q3 EPS by 5c

NCR Corp. (NYSE: NCR) reported Q3 EPS of $0.69, $0.05 better than the analyst estimate of $0.64. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.99 billion.

“We delivered solid results in the third quarter with strong growth in recurring revenue streams, higher profitability, and consistent cash generation. Adjusted EBITDA expanded to a multi-year high of 18.5% and year-to-date we have generated over $350 million of free cash flow,” said Michael Hayford, Chief Executive Officer. “More importantly, we made significant progress in the strategic initiatives that are transforming NCR into a software platform and payments company. Strong demand, diligent execution, and strategic traction should allow us to close out a successful 2021 and provide momentum for 2022. The integration of Cardtronics is well underway and we remain enthusiastic about the growth opportunities that the combination will yield.”

For earnings history and earnings-related data on NCR Corp. (NCR) click here.

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