NYSE$DBD

Diebold Nixdorf Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported strong third quarter results with year-over-year growth in orders, gross profit, and operating profit, while tightening the 2020 outlook and increasing the DN Now savings target.

Diebold Nixdorf reported a strong third quarter with improving revenue trends, year-over-year order growth, and strong growth in gross profit and operating profit. The company is tightening its 2020 outlook to the upper end of the previously provided range and increasing its DN Now savings target from $470 million to $500 million to be realized through 2021.

  • Resilient operations and improving business environment drive year-over-year growth in orders, gross profit, operating profit and margins in the third quarter
  • Company tightens 2020 outlook to high end of range and increases DN Now savings target from $470 million to $500 million to be realized through 2021
  • Balanced focus on top-line growth and higher free cash flow conversion for 2021
  • Increased customer interest in refreshing ATMs with new capabilities and heightened orders for DN Series™ ATMs

Headline financials

Total Revenue

$995M

Previous: $1.08B-7.7%
EPS (adj)

$0.28

Previous: -$0.47+159.6%
Operating Margin

2.4%

Previous: 2.2%+9.1%
Adjusted EBITDA

$113M

Previous: $98.2M+15.2%
Free Cash Flow

-$101M

Previous: -$35.7M-184.0%
Net Income

-$101M

Previous: -$35.7M-184.0%
Operating Income

$23.8M

Previous: $23.2M+2.6%
Gross Profit

$284M

Previous: $272M+4.6%
Cash & Equivalents

$277M

Previous: $252M+9.9%
Total Assets

$3.63B

Previous: $3.89B-6.7%
R&D Expense

$30.2M

No prior period

Revenue & EPS history

Diebold Nixdorf · Revenue · Quarterly

$995M

Q3 2020-7.7%vs Q3 2019
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Diebold Nixdorf · $943M total across 4 segments · Q3 2023

  • Banking Services
    $401M+5.7%
  • Banking Products
    $261M
  • Retail Services
    $145M+7.7%
  • Retail Products
    $137M+42.6%

Forward guidance

The company tightens 2020 outlook to high end of range and increases DN Now savings target from $470 million to $500 million to be realized through 2021.

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
Q1 2023
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