NCR Corp. (NCR) Tops Q2 EPS by 2c, Cuts FY Guidance

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NCR Announces New Organizational Structure and Executive Appointments to Drive Growth

July 26, 2018 4:11 PM EDT

ATLANTA--(BUSINESS WIRE)-- NCR Corporation (NYSE: NCR) today announced a new organizational structure along with the appointment of several new executives. New additions to NCRs Leadership Team include Owen Sullivan, who joins NCR as Chief Operating Officer (COO), Frank DAngelo, who joins to lead NCRs newly formed Banking business unit, Tim Vanderham, who joins as Chief Technology Officer (CTO), and Debra Bronder, who joins as... More

NCR Announces Second Quarter 2018 Results

July 26, 2018 4:05 PM EDT

ATLANTA--(BUSINESS WIRE)-- NCR Corporation (NYSE: NCR) reported financial results today for the three months ended June 30, 2018. Second quarter highlights include:

Revenue of $1.54 billion, down 4% as reported Software revenue up 1% driven by cloud revenue growth of 7% GAAP diluted EPS of $(1.31); Non-GAAP diluted EPS of $0.65 Services revenue up 4% and gross margin expansion of 70 basis points Additional $200 million share repurchase authorized Guidance reduced for full year... More