NYSE$DBD

Diebold Nixdorf Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported third quarter financial results and expects to achieve high end of adjusted EBITDA guidance for 2024.

Diebold Nixdorf reported a (1.7)% YOY decrease in revenue to $927.1 million, but achieved a gross profit (GAAP) of $236.6 million and an operating profit of $46.4 million. The company expects to finish the year at the high end of its adjusted EBITDA guidance range.

  • Continued strength in Banking with major wins in the U.S, Netherlands, Brazil and Asia-Pacific.
  • In Retail, continued to generate demand for self-checkout solutions across Eurasia while strengthening our leading position in self-service kiosks and expanding the North America business with leading QSR brands.
  • Accelerating adoption of lean manufacturing principles; conducted Shingijutsu Kaizen events at plants in Germany and Brazil, and successfully launched a new cloud-based sales and operations planning model.
  • Achieved a credit rating upgrade with positive outlook from Moody's Ratings, reflecting solid operational execution and expectations for improved annual free cash flow generation.

Headline financials

Total Revenue

$927M

Previous: $592M+56.7%
EPS

-$0.60

Previous: -$0.24-150.0%
Gross Margin

25.5%

No prior period
Free Cash Flow

-$22.4M

Previous: -$26.5M+15.5%
Net Income

-$22.4M

Previous: -$26.5M+15.5%
Operating Income

$46.4M

Previous: $36.9M+25.7%
Gross Profit

$237M

Previous: $130M+82.6%
Cash & Equivalents

$251M

Previous: $376M-33.2%
Total Assets

$3.9B

Previous: $4.02B-2.9%
Stock-Based Comp

$2.9M

No prior period

Revenue & EPS history

Diebold Nixdorf · Revenue · Quarterly

$927M

Q3 2024+56.7%vs Q3 2023
Beat estimate in 3 of 7 quarters(43%)
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

Company expects to finish the year at the high-end of its adjusted EBITDA range, reflecting stronger profitability driven by its continuous improvement efforts. Full-year revenue outlook incorporates continued strength in banking, offset by retail product market headwinds, as well as a modest unfavorable impact from foreign currency exchange.

Tailwinds

  • Company expects to finish the year at the high-end of its adjusted EBITDA range, reflecting stronger profitability driven by its continuous improvement efforts.

Headwinds

  • Full-year revenue outlook incorporates continued strength in banking, offset by retail product market headwinds, as well as a modest unfavorable impact from foreign currency exchange.

Historical earnings impact

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

Avg. return before/after earnings

Based on 10 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+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%
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