NCR Corp. (NCR) Tops Q1 EPS by 10c
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NCR Announces First Quarter 2017 Results
April 20, 2017 4:15 PM EDTDULUTH, Ga.--(BUSINESS WIRE)-- NCR Corporation (NYSE: NCR) reported financial results today for the three months ended March 31, 2017. First quarter highlights include:
Revenue of $1.48 billion, up 2% as reported and up 9% excluding FX and the IPS divestiture Software revenue up 8%, software license growth of 29% and cloud growth of 6%; Net ACV of $18 million in the quarter, up 29% GAAP gross margin rate expanded 160 basis points to 27.9%; Non-GAAP gross margin rate expanded 210 basis points constant currency to 29.2%... More