Ncr Voyix Corporation ( (VYX) ) has released its Q1 earnings. Here is a breakdown of the information Ncr Voyix Corporation presented to its investors.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
NCR Voyix Corporation is a global leader in providing digital commerce solutions, primarily serving the retail and restaurant sectors with its platform-led SaaS and services capabilities. Headquartered in Atlanta, Georgia, the company operates in over 30 countries worldwide.
In its first quarter of 2025, NCR Voyix reported a revenue of $617 million, a decline from the previous year’s $710 million. Despite a net loss of $20 million, the company showed improvement compared to the $71 million loss in the same period last year. Adjusted EBITDA rose to $75 million from $63 million, indicating a positive trend in operational efficiency.
Key financial metrics highlighted include a decrease in Software & Services Revenue to $479 million and an increase in Annual Recurring Revenue (ARR) to $1.62 billion. The company also reported a significant rise in Software ARR to $775 million. Strategic moves included signing new customers in retail and restaurant segments and expanding existing relationships, alongside progressing in payments and hardware agreements.
Looking forward, NCR Voyix maintains its full-year 2025 outlook with expected revenues between $2,575 million and $2,650 million and an Adjusted EBITDA range of $420 million to $445 million. The company plans to continue its share repurchase program, reflecting confidence in its strategic initiatives and market positioning.
NCR Voyix’s management remains optimistic about navigating the current economic challenges, focusing on growth strategies and strategic partnerships to enhance its market presence and operational performance.