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NCR Voyix Sells Digital Banking Business, Boosts Outlook
Company Announcements

NCR Voyix Sells Digital Banking Business, Boosts Outlook

NCR Voyix ( (VYX) ) has shared an announcement.

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NCR Voyix reported a mixed financial performance for Q3 2024, highlighted by a successful sale of its Digital Banking business, which helped reduce debt and improve its balance sheet. Despite a decline in hardware revenue, the company sees encouraging trends in its software and services segments, positioning itself well for future growth. NCR Voyix plans to use part of the sale proceeds for stock repurchases, maintaining a stable financial outlook for the rest of the year.

For an in-depth examination of VYX stock, go to TipRanks’ Stock Analysis page.

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