NYSE$DBD

Diebold Nixdorf Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Delivered strong year-over-year improvements to profitability, driven by continued execution of DN Now transformation initiatives and resiliency of the company’s business model.

Diebold Nixdorf reported improved profitability in Q2 2020, driven by the DN Now transformation initiatives. The company is maintaining its 2020 outlook for revenue and adjusted EBITDA, with an improved outlook for free cash flow. A successful $1.1 billion debt refinancing in July materially extends maturities.

  • Reported record levels for quarterly non-GAAP gross margin, non-GAAP operating profit margin & adjusted EBITDA margin
  • Maintaining 2020 outlook for revenue and adjusted EBITDA, with improved outlook for free cash flow
  • Successful $1.1 billion debt refinancing in July materially extends maturities
  • GAAP operating margin expanded 170 basis points to 2.3% while non-GAAP operating margin increased 460 basis points to 11.0%

Headline financials

Total Revenue

$891M

Previous: $1.15B-22.6%
EPS (adj)

$0.38

Previous: -$0.65+158.5%
Adjusted EBITDA Margin

13.7%

Previous: 9.3%+47.3%
Free Cash Flow

-$23.7M

Previous: -$50.3M+52.9%
Net Income

-$23.7M

Previous: -$50.3M+52.9%
Operating Income

$20.5M

Previous: $7.3M+180.8%
Gross Profit

$248M

Previous: $277M-10.7%
Cash & Equivalents

$446M

Previous: $260M+71.8%
Total Assets

$3.72B

Previous: $4.1B-9.3%
R&D Expense

$30.7M

No prior period

Revenue & EPS history

Diebold Nixdorf · Revenue · Quarterly

$891M

Q2 2020-22.6%vs Q2 2019
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Diebold Nixdorf · $181M total across 2 segments · Q2 2020

  • Retail Services
    $94.6M-18.2%
  • Retail Products
    $86.1M-39.5%

Forward guidance

The company is reiterating its 2020 outlook for revenue and adjusted EBITDA. Additionally, the outlook for net cash provided by operating activities and free cash flow has improved.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 10 quarterly earnings reports

Historical avg

+0.4%

Avg return

Earnings day

+4.0%

Avg return

5 days after

+6.3%

Avg return

30 days after

50%

5 / 10 earnings

Positive

+12.4%

Q3 2025

Best reaction

-17.7%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.4%-6.5%-2.8%
Q4 2025+4.5%+14.1%+0.2%
Q3 2025+12.4%+15.6%+16.2%
Q1 2025-2.8%+6.0%+10.5%
Q4 2024+6.8%+5.9%-3.1%
Q3 2024-17.7%-18.8%-6.0%
Q2 2024-3.0%+5.5%+10.6%
Q1 2024-0.6%-2.9%-8.1%
Q4 2023+2.5%+2.1%+0.7%
Q3 2023+9.1%+19.4%+45.3%
Q2 2023
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