NCR Stock Recent News

An analyst reiterated his bullish view on the fintech's prospects. He was particularly taken by a major divestment that's about to occur.

Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and the operating margins, and often measure success with each and every earnings report.

NCR Voyix reported its Q2 results, again showing weak hardware sales in the currently poorly performing Retail & Restaurants segments. The divestiture of the Digital Banking segment was announced as NCR Voyix needs to pay down high debt. The sale pushes away VYX's best-growing segment, leaving behind incredibly slow growth. The valuation seems excessive considering the weak future growth outlook after the divestiture, even with VYX's organizational restructuring that should reduce costs.

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 six months ended June 30, 2024. “The strategic actions announced today support the continued realignment of our operating model to focus on our restaurant and retail customers and will enable us to improve our revenue and earnings growth over time,” said David Wilkinson, NCR Voyix CEO. Q2 2024 Fina.

Ennoconn, a global Industrial solutions provider, has entered into a definitive agreement with NCR Voyix, a global provider of digital commerce solutions.

NEW YORK & ATLANTA--(BUSINESS WIRE)---- $VYX #DigitalBanking--NCR Voyix Corporation (NYSE: VYX) (“NCR Voyix” or “the Company”), a leading global provider of digital commerce solutions, and Veritas Capital (“Veritas”), a leading investor at the intersection of technology and government, today announced the signing of a definitive agreement under which an affiliate of Veritas has agreed to acquire NCR Voyix's cloud-based digital banking business for $2.45 billion in cash plus future additional contingent consideration of.

Payments processor NCR Voyix is exploring the sale of its digital banking business which it hopes will fetch as much as $3 billion, people familiar with the matter said.

ATLANTA--(BUSINESS WIRE)---- $VYX #VYX--NCR Voyix Corporation (NYSE: VYX), a leading global provider of digital commerce solutions, today announced that Sacramento, Calif.-based Golden 1 Credit Union has selected NCR Voyix Digital-First Banking to help drive its digital transformation. With more than $20 billion in assets and over 1.1 million members, Golden 1 is the nation's sixth largest credit union and is committed to creating a more equitable and financially inclusive California by proudly serving all t.

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 it has deployed its first multi-bank deposit ATMs in the UK. Deposit-taking ATMs are vital for cash-reliant UK consumers. Atleos is initially deploying deposit-taking ATMs connected to the LINK ATM network in major retailers. The first deployment was in the Co-op Food store in Ormskirk, and was followed.

On May 9, 2024, NCR Voyix Corporation (NYSE: VYX, $13.65, Market Capitalisation: $2.0 billion), a leading enterprise technology provider for retail stores, restaurants, and self-directed banking, reported solid 1Q24 results with a beat on revenue and Adj. EPS vs. consensus (for more details, refer spinoffresearch.com).