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ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has expanded its ATM network, under the Cashzone brand, into Italy, providing easy access to cash for both residents and tourists. Atleos is the world's largest independent ATM operator. This marks the thirteenth country worldwide in which Atleos has an ATM network presence. Italy is a cash-depe.
NCR Atleos Corporation's recent spin-off has positioned it for accelerated business growth, with significant revenue and net income growth expected post-2025 as spin-off costs diminish. The company's strategic acquisitions, including Cardtronics and LibertyX, are set to enhance its service offerings and financial flexibility, driving future revenue and FCF growth. Despite seasonal revenue fluctuations and high debt levels, NATL's positive cash flow and increased capacity indicate a strong potential for stock demand and price appreciation.
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos” or the “Company”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Paul Campbell is stepping down from his role as Executive Vice President and Chief Financial Officer. Mr. Campbell was appointed Chief Financial Officer of Atleos in October 2023 in conjunction with the Company's spin-off from NCR Corp., and has had a career with Atleos and NCR Cor.
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that $1.1 billion-asset nbkc bank has selected Atleos' Allpoint Network to provide expanded, more convenient access to everyday banking transactions for its customers. Kansas City, Missouri-based nbkc was looking for an efficient way to allow customers to conduct transactions at convenient retail locati.
Shares of NCR Atleos Corp (NATL, Financial) fell 3.41% in mid-day trading on Oct 2. The stock reached an intraday low of $27.16, down from its previous close of $28.12.
Despite being unwanted and unloved, spinoff stocks are often excellent stocks to buy and hold. Since investors bought shares in the parent company, they are often not interested in the business.