NYSE$VYX

NCR Voyix Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

NCR's Q3 2021 financial results were announced, demonstrating revenue growth and significant profit margin expansion.

NCR Corporation reported a 20% increase in revenue to $1.90 billion, driven by strong growth in recurring revenue streams. The company also saw significant profit margin expansion and consistent cash generation, with adjusted EBITDA reaching a multi-year high.

  • Revenue increased by 20% to $1.90 billion, with recurring revenue growing by 39%.
  • Profit margins expanded significantly due to a favorable revenue mix.
  • Cash flow from operations reached $497 million, with free cash flow at $125 million.
  • GAAP diluted EPS was $0.06, while non-GAAP diluted EPS was $0.69.

Headline financials

Total Revenue

$1.9B

Previous: $1.59B+19.6%
EPS (adj)

$0.69

Previous: $0.54+27.8%
Adjusted EBITDA Margin

18.5%

No prior period
Capital Expenditures

-$68M

Previous: -$23M-195.7%
Free Cash Flow

$336M

Previous: $137M+145.3%
Net Income

$12M

Previous: $31M-61.3%
Operating Income

$157M

Previous: $118M+33.1%
Gross Profit

-$2M

Previous: -$7M+71.4%
Cash & Equivalents

$383M

Previous: $1.61B-76.1%
Total Assets

$11.6B

Previous: $9.83B+17.9%
Stock-Based Comp

$38M

Previous: $31M+22.6%

Revenue & EPS history

NCR · Revenue · Quarterly

$1.9B

Q3 2021+19.6%vs Q3 2020

Revenue by segment

NCR · $553M total across 1 segment · Q3 2021

  • Retail
    $553M-0.5%

Forward guidance

NCR expects to be at the lower end of the previously guided ranges for the second half of 2021, considering the results of the third quarter and the probability of continued global supply chain challenges.

Headwinds

  • Revenue of $4.0 - $4.1 billion
  • Adjusted EBITDA to be $700 - $750 million
  • Diluted non-GAAP earnings per share of $1.30 - $1.50
  • Free cash flow of $325 - $375 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 Q3 2021

Historical avgQ3 2021

-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

Earnings price reactions
QuarterReport dateReaction (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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