Goldman Sachs Reiterates Neutral Rating on NCR Atleos Corp. (NATL)

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NCR Atleos Corporation Reports Strong Second Quarter 2024 Results

August 13, 2024 4:05 PM EDT

ATLANTA--(BUSINESS WIRE)-- NCR Atleos Corporation (NYSE: NATL) (Atleos) reported financial results today for the three months ended June 30, 2024. Second quarter results and other recent highlights include:

Strong second quarter financial results were at or above the high-end of guidance ranges Revenue grew 4% year-over-year to $1.08 billion; Recurring revenue grew 9% to $793 million GAAP net income of $29 million; Adjusted EBITDA of $193 million Operating cash flow of $9 million; Adjusted free cash flow (1) of $16 million GAAP fully diluted income per share of $0.39; Non-GAAP fully... More