By Katherine Hamilton
NCR Atleos on Monday guided for lower full-year revenue and earnings than Wall Street had been expecting.
The Atlanta company, which offers ATM services to banks, expects to make $4.32 billion in 2025 revenue, behind analysts' expectations of $4.42 billion, according to FactSet. NCR anticipates $3.22 in adjusted earnings per share, behind the $3.92 a share expected by Wall Street.
In the fourth quarter of 2024, revenue increased 1% to $1.1 billion, roughly in line with expectations. It posted a profit of $49 million, or 61 cents a share, compared with a loss of $164 million, or $2.34 a share, the previous year.
Shares have lost about 21% of their value in the past three months. The stock closed 6% lower Monday to $26.69.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 03, 2025 18:08 ET (23:08 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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