NYSE$VYX
NCR Voyix Corp · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
NCR's second quarter performance in 2023 was strong, marked by growth in recurring revenue, margin expansion, and robust cash flow generation.
NCR Corporation reported strong second-quarter results for 2023, with revenue of $2.0 billion and recurring revenue of $1.3 billion. The company's net income from continuing operations attributable to NCR was $20 million, with a GAAP diluted EPS of $0.11 and a non-GAAP diluted EPS of $0.94. The company is progressing toward separation into two public companies in the fourth quarter.
- Revenue reached $2.0 billion, with recurring revenue at $1.3 billion.
- Net income from continuing operations attributable to NCR was $20 million.
- Adjusted EBITDA was $389 million.
- GAAP diluted EPS from continuing operations was $0.11, and non-GAAP diluted EPS was $0.94.
Headline financials
Revenue & EPS history
NCR · Revenue · Quarterly
$1.99B
Revenue by segment
NCR · $576M total across 1 segment · Q2 2023
- Retail$576M+2.5%100.0%
Forward guidance
NCR is affirming its full year 2023 guidance communicated on February 7, 2023, with its strong first half pushing expectations to the higher end of the previously guided ranges.
Tailwinds
- Revenue - $7.8 billion to $8.0 billion
- Adjusted EBITDA - $1.45 billion to $1.55 billion
- Non-GAAP diluted EPS - $3.30 - $3.50
- Adjusted free cash flow-unrestricted - $400 million to $500 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
-0.7%
Avg return
Earnings day
-0.1%
Avg return
5 days after
+0.1%
Avg return
30 days after
46%
31 / 68 earnings
Positive
+17.8%
Q4 2021
Best reaction
-28.3%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +15.2% | +8.0% | -1.6% | |
| Q4 2025 | -9.4% | -11.9% | -31.9% | |
| Q3 2025 | -6.6% | -2.0% | -13.2% | |
| Q1 2025 | +16.6% | +27.0% | +29.7% | |
| Q4 2024 | -1.8% | -7.8% | -14.5% | |
| Q3 2024 | +2.9% | +1.6% | +1.1% | |
| Q2 2024 | -12.2% | -11.2% | +2.2% | |
| Q1 2024 | -1.2% | +3.1% | +1.3% | |
| Q4 2023 | -19.8% | -17.1% | -11.7% | |
| Q3 2023 | -3.1% | -1.0% | -6.5% | |
| Q2 2023 | +9.2% | +10.6% | +16.5% | |
| Q1 2023 | +10.9% | +11.0% | +20.5% | |
| Q4 2022 | -0.2% | -4.2% | -14.8% | |
| Q3 2022 | +6.1% | +9.3% | +19.1% | |
| Q2 2022 | +6.9% | +8.1% | +3.7% | |
| Q1 2022 | -28.3% | -12.4% | -14.9% | |
| Q4 2021 | +17.8% | +13.1% | +1.5% | |
| Q3 2021 | -5.3% | -6.8% | +1.3% | |
| Q2 2021 | -9.4% | -6.7% | -3.7% | |
| Q1 2021 | +9.5% | +9.0% | +16.2% | |
| Q4 2020 | -8.0% | -7.3% | -2.0% | |
| Q3 2020 | -7.1% | -3.7% | +35.2% | |
| Q2 2020 | +8.3% | +4.9% | +20.3% | |
| Q1 2020 | -17.8% | -17.4% | -17.6% | |
| Q4 2019 | -2.8% | -3.8% | -52.2% | |
| Q3 2019 | +5.5% | +7.4% | +9.3% | |
| Q2 2019 | +5.1% | +2.3% | -2.3% | |
| Q1 2019 | +11.1% | +9.3% | +10.8% | |
| Q4 2018 | -6.5% | -4.6% | -5.2% | |
| Q3 2018 | +12.8% | +15.5% | +14.4% | |
| Q2 2018 | -9.0% | -9.9% | -8.0% | |
| Q1 2018 | -9.3% | -10.0% | -2.2% | |
| Q4 2017 | -11.2% | -8.6% | +3.2% | |
| Q3 2017 | -11.4% | -13.2% | -18.2% | |
| Q2 2017 | -6.5% | -4.1% | -17.0% | |
| Q1 2017 | -5.7% | -5.3% | -9.3% | |
| Q4 2016 | +4.1% | +5.9% | +10.8% | |
| Q3 2016 | +12.0% | +12.9% | +25.7% | |
| Q2 2016 | +2.5% | +5.4% | +8.2% | |
| Q1 2016 | -5.1% | — | — | |
| Q4 2015 | -3.9% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | +1.3% | — | — | |
| Q1 2015 | -0.5% | — | — | |
| Q4 2014 | +1.3% | — | — | |
| Q3 2014 | +4.3% | — | — | |
| Q2 2014 | +0.2% | — | — | |
| Q1 2014 | -7.8% | — | — | |
| Q4 2013 | -5.6% | — | — | |
| Q3 2013 | -10.0% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2013 | +8.7% | — | — | |
| Q4 2012 | +4.9% | — | — | |
| Q3 2012 | -0.3% | — | — | |
| Q2 2012 | -5.7% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2008 | -0.1% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | -2.4% | — | — | |
| Q2 2011 | -3.1% | — | — | |
| Q1 2010 | -2.3% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q3 2009 | +3.2% | — | — | |
| Q3 2010 | +3.2% | — | — | |
| Q2 2010 | +1.3% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q2 2009 | +1.3% | — | — |
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