NCR Announces Second Quarter 2020 Results
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NCR Corp. (NCR) Tops Q2 EPS by 6c, Revenues Beat
July 28, 2020 4:10 PM EDTNCR Corp. (NYSE: NCR) reported Q2 EPS of $0.27, $0.06 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.43 billion.
Revenue of $1.48 billion, down 13% as reported and down 12% constant currencyRecurring revenue up 5% as reported and up 7% constant currencyAccelerating shift to recurring revenueCash flow provided by operating activities of $229 million; Free Cash Flow of $171 millionCash and cash equivalents of $1.68 billion as of June 30, 2020GAAP diluted EPS of $0.44; Non-GAAP diluted EPS of $0.27Business continued to be impacted by COVID-19... More