NCR Voyix (NYSE:VYX) Releases Earnings Results, Beats Estimates By $0.04 EPS

Key Points

• NCR Voyix reported quarterly EPS of $0.32, beating the $0.28 consensus estimate by $0.04. Revenue was $539 million, roughly in line with estimates but down 21.2% year over year.
• Management expects full-year revenue at the lower end of its previous range, citing delayed hardware purchases and installation revenue, while reaffirming Adjusted EBITDA and free cash flow guidance. Excluding the hardware transition, revenue declined 3%.
• VCP sales momentum strengthened, with remaining contract value up 151% year over year to $440 million; retail also showed resilience, including 8% growth in recurring software revenue and a 19% increase in Adjusted EBITDA.

NCR Voyix (NYSE:VYX - Get Free Report) posted its earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.04, FiscalAI reports. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%. The company had revenue of $539.00 million for the quarter, compared to analyst estimates of $538.85 million. During the same quarter in the prior year, the company earned $0.31 earnings per share. NCR Voyix's revenue was down 21.2% compared to the same quarter last year.

Here are the key takeaways from NCR Voyix's conference call:

• NCR Voyix reported strong VCP sales momentum: remaining contract value rose 151% year over year to $440 million, with contracts spanning all five verticals. Aloha Next also reached its first live site, and the company signed new restaurant customers and renewed its VCP agreement with Ahold Delhaize USA.
• Revenue fell 20% to $539 million, largely due to the hardware transition; excluding that impact, revenue declined 3%. The company now expects full-year revenue at the lower end of its prior range, citing delayed hardware purchases and installation revenue, while reaffirming Adjusted EBITDA and free cash flow guidance.
• Retail results showed underlying resilience: excluding hardware-transition effects and a prior-year government sale, revenue was flat, recurring software revenue grew 8%, and Adjusted EBITDA increased 19% to $107 million. Retail Adjusted EBITDA margin expanded 490 basis points excluding the hardware ODM impact.
• Restaurants remained pressured: revenue declined 5% excluding the hardware transition, amid lower installation services and ongoing small-business weakness; payment sites fell 1%. Management expects Aloha Next to help stabilize the small-business business as the product becomes available more broadly in 2027.
• Adjusted free cash flow was $62 million before restructuring, benefiting from working-capital improvements that included hardware-transition cash inflows. NCR Voyix ended the quarter with $275 million in cash and net leverage of two turns.

NCR Voyix Price Performance

Shares of VYX stock traded down $0.05 on Friday, hitting $9.81. 3,451,819 shares of the stock traded hands, compared to its average volume of 2,747,464. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.07 and a quick ratio of 0.95. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 13.82 and a beta of 1.40. The firm has a 50 day simple moving average of $7.85 and a two-hundred day simple moving average of $7.81. NCR Voyix has a 52 week low of $6.02 and a 52 week high of $11.51.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Needham & Company LLC restated a "buy" rating and set a $14.00 price objective on shares of NCR Voyix in a report on Tuesday, September 29th. Weiss Ratings upgraded NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, September 4th. The Goldman Sachs Group dropped their price target on NCR Voyix from $9.75 to $8.00 and set a "neutral" rating for the company in a report on Tuesday, October 13th. Finally, Royal Bank Of Canada upped their target price on NCR Voyix from $10.00 to $13.00 and gave the stock an "outperform" rating in a report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $12.20.

About NCR Voyix

NCR Voyix Corporation NYSE: VYX is a global technology company that provides software, hardware and services for businesses in the retail, restaurant and financial services industries. Its solutions are designed to help companies manage transactions, customer engagement, payments, inventory and other commerce-related operations across physical and digital channels.

The company's offerings include point-of-sale systems, self-checkout technology, payment solutions, order and fulfillment tools, loyalty programs, digital commerce platforms and related hardware and support services.

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