NYSE$VYX

NCR Voyix Corp · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

NCR Voyix Q3 2023 results reflected an increase in revenue and adjusted EBITDA, with the successful execution of the NCR Atleos separation.

NCR Voyix Corporation reported preliminary financial results for Q3 2023, showing a revenue of $2 billion, a net loss of $(124) million, and an adjusted EBITDA of $404 million. The results reflect the legacy NCR business, including NCR Atleos, which was separated as an independent company on October 16, 2023.

  • Revenue reached $2 billion, reflecting a 2% increase on a constant currency basis.
  • Net loss from continuing operations attributable to NCR was $(124) million.
  • Adjusted EBITDA amounted to $404 million, a 5% increase on a constant currency basis.
  • GAAP diluted EPS from continuing operations was $(0.91); Non-GAAP diluted EPS was $0.95.

Headline financials

Total Revenue

$2.02B

Previous: $1.97B+2.3%
EPS (adj)

$0.95

Previous: $0.80+18.7%
Adjusted EBITDA

$404M

Previous: $380M+6.3%
Capital Expenditures

-$112M

Previous: -$72M-55.6%
Free Cash Flow

$582M

Previous: $385M+51.2%
Net Income

-$124M

Previous: $69M-279.7%
Operating Income

$242M

Previous: $187M+29.4%
Gross Profit

-$2M

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

$675M

Previous: $434M+55.5%
Total Assets

$13.2B

Previous: $11.8B+12.2%
R&D Expense

$54M

No prior period
Stock-Based Comp

$30M

Previous: $28M+7.1%

Revenue & EPS history

NCR · Revenue · Quarterly

$2.02B

Q3 2023+2.3%vs Q3 2022
Beat estimate in 7 of 9 quarters(78%)
ActualEstimate

Revenue by segment

NCR · $568M total across 1 segment · Q3 2023

  • Retail
    $568M-1.2%

Forward guidance

No forward guidance was provided in the press release.

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 2023

Historical avgQ3 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

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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