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NCR Voyix Reports Fourth Quarter and Full Year 2024 Results

1. NCR Voyix reports $682 million revenue, down from $796 million last year. 2. Net loss decreased to $9 million from $272 million, showcasing improved financial health.

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$11.7102/27 06:56 AM EDTEvent Start
$11.05502/28 01:40 PM EDTLatest Updated
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FAQ

Why Bullish?

The significant reduction in net loss indicates improved financial management, which historically supports stock price recovery.

How important is it?

Improved financial performance often drives investor confidence, making this news crucial for VYX.

Why Short Term?

Investors may react positively to the improved loss figures, affecting VYX's price immediately.

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ATLANTA--(BUSINESS WIRE)--NCR Voyix Corporation (NYSE: VYX) (“NCR Voyix” or the “Company”), a leading global provider of digital commerce solutions, reported financial results today for the three and twelve months ended December 31, 2024. Fourth Quarter Financial Highlights Revenue was $682 million compared to $796 million in the prior year. Net loss from continuing operations attributable to NCR Voyix was $9 million, compared with $272 million in the prior year. Adjusted EBITDA was $114 millio.

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