NCR Voyix: Q4 Earnings Snapshot
News > National News
Audio By Carbonatix
6:13 AM on Thursday, February 27
The Associated Press
ATLANTA (AP) — ATLANTA (AP) — NCR Voyix Corporation (VYX) on Thursday reported a loss of $14 million in its fourth quarter.
The Atlanta-based company said it had a loss of 10 cents per share. Losses, adjusted to account for discontinued operations, were 8 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The maker of ATMs and other hardware and software to handle payments posted revenue of $682 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $672.8 million.
For the year, the company reported profit of $943 million, or $6.52 per share. Revenue was reported as $2.83 billion.
NCR Voyix expects full-year revenue in the range of $2.58 billion to $2.65 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VYX at https://www.zacks.com/ap/VYX
