NCR Atleos Reports Strong Start to 2025

NCR Atleos, LLC ( (NATL) ) has released its Q1 earnings. Here is a breakdown of the information NCR Atleos, LLC presented to its investors.

NCR Atleos, LLC is a prominent player in the self-service financial sector, specializing in ATM services and software solutions, with a global presence and a significant network of independently-owned ATMs.

NCR Atleos has reported a strong start to 2025, with its first-quarter financial results surpassing expectations despite challenging economic conditions. The company’s performance was bolstered by robust growth in its ATM as a Service segment and a substantial increase in recurring revenue streams.

Key highlights from the first quarter include a revenue of $980 million, with 76% derived from recurring revenue. The company achieved a GAAP net income of $17 million and an adjusted EBITDA of $175 million, marking a 9% year-over-year growth. Additionally, the diluted earnings per share on a non-GAAP basis increased by 56% to $0.64. The company also noted a significant increase in its gross margin, which rose by 300 basis points year-over-year.

The company’s strategic focus on operational improvements and product innovation has reinforced its leadership in self-service banking solutions. With a 40% year-over-year growth in unique customers for its ATM as a Service offering, NCR Atleos is well-positioned to capitalize on the increasing demand for its comprehensive solutions across various geographies.

Looking ahead, NCR Atleos remains confident in its growth strategy and reaffirms its full-year 2025 guidance ranges. The management is optimistic about achieving its objectives for the year, driven by continued demand for its services and a strong execution of its strategic initiatives.