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Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- NCR Voyix reported solid 1Q24 results with a beat on revenue and Adj. EPS. - Revenues declined due to lower Retail & Restaurant revenues but software and services revenue grew. - NCR Voyix reaffirmed FY24 guidance, expecting total revenue of $3.6 to $3.7 billion. - Valuation estimates intrinsic value at $21.00 with a 'Buy' rating and 53.8% upside. - NCR Voyix is focused on converting customers to platforms for long-term growth. Price Impact Rating: bullish Impact Horizon Rating: long-term Type: Research Analysis
- NCR Voyix reported solid 1Q24 results with a beat on revenue and Adj. EPS.
- Revenues declined due to lower Retail & Restaurant revenues but software and services revenue grew.
- NCR Voyix reaffirmed FY24 guidance, expecting total revenue of $3.6 to $3.7 billion.
- Valuation estimates intrinsic value at $21.00 with a 'Buy' rating and 53.8% upside.
- NCR Voyix is focused on converting customers to platforms for long-term growth.
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