NCR CORPORATION Stock Price, News & Analysis

NCR Corporation (NYSE: NCR) announced that President and CEO Michael D. Hayford will participate in a fireside chat at the Oppenheimer Technology, Internet & Communications Virtual Conference on August 10 at 8:15 a.m. Eastern Time. A live webcast and replay will be available for 90 days in the Investor Relations section of NCR's website. NCR is recognized as a prominent enterprise technology provider in the financial, retail, and hospitality sectors, with a global workforce of 36,000 employees.

NCR Corporation reported Q2 2021 financial results, showing revenue of $1.68 billion, an increase of 13% year-over-year. The company achieved significant profit margin expansion and cash flow generation, with free cash flow of $142 million. GAAP diluted EPS was $(0.10), while non-GAAP diluted EPS reached $0.62. The company completed its acquisition of Cardtronics and announced plans to acquire LibertyX, enhancing its as-a-Service offerings. Despite positive revenue growth, a net loss of $9 million was reported for the quarter, attributed to transaction costs and higher tax expenses.

NCR Corporation (NYSE: NCR) has announced a definitive agreement to acquire LibertyX, a prominent cryptocurrency software provider, to enhance its digital currency solutions. This acquisition addresses growing consumer demand for comprehensive digital currency services, enabling customers to buy, sell, and accept cryptocurrencies. LibertyX's technology will be integrated into NCR’s offerings for banks and retailers, expanding their digital wallet capabilities. Financial details remain undisclosed, with the transaction expected to close later this year, pending regulatory approvals.

Blu Jam Café has partnered with NCR Corporation to enhance its customer experience using Aloha Essentials. This upgrade allows Blu Jam to integrate various restaurant operations into one monthly subscription, offering real-time analytics for improved decision-making. The transition enables safer, contactless dining experiences through mobile ordering and efficient takeout services. Blu Jam Café is leveraging NCR’s technology to optimize its operations and customer engagement, reflecting the adaptive strategies necessary in the evolving restaurant industry.

NCR Corporation (NYSE: NCR) will announce its second quarter 2021 financial results after market close on August 3, 2021. A conference call is set for 4:30 p.m. Eastern Time on the same day. Participants are encouraged to join 15 minutes early for optimal connection. The conference call and materials will be available on their investor website. NCR is a leading software and services provider in financial, retail, and hospitality sectors, headquartered in Atlanta, Georgia, with a workforce of 36,000 globally.

NCR Corporation (NYSE: NCR) has been recognized as a leader in Javelin’s 2021 Small Business Digital Account Opening Scorecard. NCR Terafina, acquired earlier this year, excelled in user experience and ranked among the top vendors for customer journey and administrative tools. With only half of the top U.S. banks providing digital account opening for small businesses, NCR aims to enhance banking experiences. Analysts highlight Terafina's superior capabilities and attention to detail, validating NCR's strategy for self-directed banking solutions.

NCR Corporation (NYSE: NCR) has achieved Level 2 certification for its Activate Enterprise NextGen ATM application under the ATM Industry Association's Next Gen Framework, becoming the first technology provider to do so. This certification enables financial institutions to utilize modern web technologies, enhancing ATM capabilities and expanding service functionality. NCR's software supports multi-vendor applications, allowing for rapid deployment and consistent customer experiences across different ATM brands, reinforcing NCR's leadership in digital banking.

NCR Corporation (NYSE: NCR) has successfully completed its acquisition of Cardtronics (NASDAQ: CATM), marking a significant step in enhancing its NCR as a Service strategy. The deal, valued at approximately $2.5 billion, was executed with a cash offer of $39.00 per share for Cardtronics' outstanding shares. This acquisition is anticipated to positively impact NCR's non-GAAP EPS in the first full year following closure. Cardtronics will operate as a wholly owned subsidiary, enabling NCR to integrate its services post regulatory approval from the UK's Competition and Markets Authority.

NCR Corporation (NYSE: NCR) is set to finalize its acquisition of Cardtronics (Nasdaq: CATM) on June 21, 2021. The all-cash transaction will buy Cardtronics' shares at $39.00 each, totaling around $2.5 billion in enterprise value. Following the transaction, both companies will operate independently until receiving the necessary U.K. regulatory approvals. The acquisition is projected to enhance NCR's non-GAAP EPS in the first full year after the deal closes, highlighting NCR’s strategic growth in the financial services sector.