NCR Voyix Q3 revenue, profit beat expectations on software ARR growth

Reuters
Nov 06
<a href="https://laohu8.com/S/NCRRP">NCR Voyix</a> Q3 revenue, profit beat expectations on software ARR growth

Overview

  • NCR Voyix Q3 revenue declines yr/yr but beats analyst expectations

  • Adjusted EPS for Q3 beats consensus, reflecting operational improvements

  • Adjusted EBITDA for Q3 surpasses analyst estimates, indicating strong performance

Outlook

  • NCR Voyix expects 2025 revenue between $2,650 mln and $2,670 mln

  • Company projects 2025 software and services revenue of $1,980 mln to $1,990 mln

  • NCR Voyix forecasts 2025 adjusted EBITDA of $420 mln to $435 mln

Result Drivers

  • RECURRING REVENUE GROWTH - Co reports ARR increased to $1.7 bln from $1.6 bln in prior year, driven by software ARR growth

  • STRATEGIC PARTNERSHIPS - Co expands payment capabilities through partnerships with WEX and Corpay, enhancing commercial fuel transactions

  • COST MANAGEMENT - Improved adjusted EBITDA attributed to cost management and operational efficiencies

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$684 mln

$669.83 mln (7 Analysts)

Q3 Adjusted EPS

Beat

$0.31

$0.22 (6 Analysts)

Q3 Adjusted EBITDA

Beat

$125 mln

$121.52 mln (7 Analysts)

Q3 EPS continuing operations

-$0.14

Q3 Recurring Revenue

$1.70 bln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the it services & consulting peer group is "buy"

  • Wall Street's median 12-month price target for NCR Voyix Corp is $16.00, about 28.6% above its November 5 closing price of $11.43

  • The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw44jcPZa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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