Successful Strategic Shift to Software-Led Business
NCR Voyix has made significant progress in repositioning the company as a software-led business, marking a milestone by outsourcing the hardware business and focusing on high-margin software and services.
Exclusive Agreement with Chipotle
NCR Voyix signed a new 6-year exclusive agreement with Chipotle, marking a notable achievement in deploying their Aloha next-generation point-of-sale across 4,000 restaurants.
Growth in Recurring Revenue
Recurring revenue increased by 5% to $425 million, driven by 7% growth in restaurants and 4% growth in retail.
Enhanced EBITDA Margin
Adjusted EBITDA increased by 32% with a margin expansion of 490 basis points to 18.3%.
Innovation and AI Integration
Significant advancements in AI-enabled development have been made, accelerating the delivery of applications and enhancing the Voyix Commerce platform.