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NCR Voyix Corp
NCR Voyix Corp., an evolution of the storied National Cash Register Company, has adeptly transformed from its origins in cash registers to become a pivotal player in the financial and retail technology sectors. At the heart of NCR Voyix's operations lies a commitment to delivering innovative solutions that streamline and enhance the consumer experience across various touchpoints. As a leader in omnichannel banking, digital commerce, and enterprise software, the company empowers financial institutions and retailers to navigate the complexities of digital transformation. Its extensive suite of products, from self-service kiosks and ATMs to point-of-sale systems and cloud-based software, positions NCR Voyix as an indispensable partner for businesses striving to optimize their operations and meet evolving customer demands.
Revenue generation at NCR Voyix is intricately woven into its diverse array of service offerings and its strategic shift towards recurring revenue streams. By providing a comprehensive ecosystem of hardware, software, and services, the company not only facilitates seamless transactions and consumer interactions but also ensures long-term client engagement through maintenance and support contracts. This blend of hardware sales and subscription-based software solutions enables NCR Voyix to capture value both upfront and over the lifecycle of its products, fostering sustained financial growth. As industries increasingly pivot toward digital ecosystems, NCR Voyix's ability to integrate cutting-edge technology within pragmatic business applications continues to cement its reputation as a versatile and forward-thinking enterprise.
NCR Voyix Corp., an evolution of the storied National Cash Register Company, has adeptly transformed from its origins in cash registers to become a pivotal player in the financial and retail technology sectors. At the heart of NCR Voyix's operations lies a commitment to delivering innovative solutions that streamline and enhance the consumer experience across various touchpoints. As a leader in omnichannel banking, digital commerce, and enterprise software, the company empowers financial institutions and retailers to navigate the complexities of digital transformation. Its extensive suite of products, from self-service kiosks and ATMs to point-of-sale systems and cloud-based software, positions NCR Voyix as an indispensable partner for businesses striving to optimize their operations and meet evolving customer demands.
Revenue generation at NCR Voyix is intricately woven into its diverse array of service offerings and its strategic shift towards recurring revenue streams. By providing a comprehensive ecosystem of hardware, software, and services, the company not only facilitates seamless transactions and consumer interactions but also ensures long-term client engagement through maintenance and support contracts. This blend of hardware sales and subscription-based software solutions enables NCR Voyix to capture value both upfront and over the lifecycle of its products, fostering sustained financial growth. As industries increasingly pivot toward digital ecosystems, NCR Voyix's ability to integrate cutting-edge technology within pragmatic business applications continues to cement its reputation as a versatile and forward-thinking enterprise.
Revenue Guidance: Full-year revenue is now expected to be $2.65–$2.67 billion, with hardware revenue above prior expectations but software and services slightly below due to resolved customer adjustments.
EBITDA & Margins: Adjusted EBITDA guidance raised to $420–$435 million, with strong margin expansion in Q3 driven by higher hardware margins and cost actions.
Chipotle Win: Announced a major new 6-year exclusive agreement with Chipotle, who will be the first to implement the Aloha next-generation point-of-sale platform across 4,000 restaurants.
Recurring Revenue: Recurring revenue rose 5% to $425 million, with 7% growth in Restaurants and 4% in Retail.
Software Modernization: Continued shift to a software-led and platform-powered business, with rapid innovation using AI and microservices architecture.
Payments Expansion: Secured major fuel and convenience relationships, expanding US addressable payments volume to $1.4 trillion.
Cost Actions: Ongoing restructuring and headcount reductions are improving expense profile; 2025 restructuring cash outflows expected at $100 million.