NCR Corp. (NCR) Tops Q3 EPS by 6c, Raises FY Guidance
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NCR Announces Third Quarter 2016 Results
October 25, 2016 4:15 PM EDTQ3 revenue and earnings better than expected led by accelerating revenue growth and an improved operating margin; Revenue up 4% as reported and up 10% excluding FX and the IPS divestiture Software revenue up 8%, driven by software license growth of 25% and cloud growth of 7%; Net annual contract value for cloud of $15 million in Q3, a leading indicator of future cloud revenue, up from $5 million in the prior year GAAP diluted EPS of $0.69 in Q3 up from prior year Q3 of $0.59, an increase of 17%; Non-GAAP diluted EPS of $0.87 up from... More
