Cash recycling technology streamlines operations, reduces costs and improves the sustainability of the bank's ATM fleet.NORTH CANTON, Ohio, Oct. 21, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced a pivotal development in its long-standing partnership with Piraeus, a Greek multinational financial services company. By the end of 2024, Piraeus will have replaced its fleet of more than 1,200 self-service devices located inside the b ...

The latest trading session saw Diebold Nixdorf, Incorporated (DBD) ending at $46, denoting a +0.33% adjustment from its last day's close. This move lagged the S&P 500's daily gain of 0.47%. Meanwhile, the Dow gained 0.79%, and the Nasdaq, a tech-heavy index, added 0.28%. The the stock of company has risen by 5.91% in the past month, leading the Computer and Technology sector's gain of 3.88% and the S&P 500's gain of 3.48%. The upcoming earnings release of Diebold Nixdorf, Incorporated will be of great inter ...

NORTH CANTON, Ohio, Oct. 16, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Moody's Ratings (Moody's) has recently upgraded its credit rating for the company, reflecting solid operational execution and expectations for improved annual free cash flow generation. Moody's recently issued a Ratings Action stating that it has upgraded the credit ratings of Diebold Nixdorf, Inc. to B3 from Caa1. Moody's outlook remained positive. ...

Core Insights - America First Credit Union has partnered with Diebold Nixdorf to modernize its payment transactions and ATM offerings, becoming the first credit union to implement next-generation cloud-native technology [2][3] - The implementation of Vynamic® Transaction Middleware will replace legacy switch systems, enabling faster and more customizable transactions, along with features like text and email receipts, personalization settings, and card tap authentication [3] - America First Credit Union is the largest in Utah and the fifth largest in the U.S. with over 1.4 million members and more than $20 billion in assets [4] Company Overview - America First Credit Union has grown from a single branch serving military personnel to one of the strongest credit unions in the country, with 115 locations across five states [4] - Diebold Nixdorf operates in over 100 countries and partners with the majority of the world's top financial institutions and retailers, providing integrated solutions for banking and shopping [5]

The most recent trading session ended with Diebold Nixdorf, Incorporated (DBD) standing at $44.18, reflecting a +0.48% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.25%. On the other hand, the Dow registered a gain of 0.2%, and the technology-centric Nasdaq increased by 0.56%. Prior to today's trading, shares of the company had gained 9.24% over the past month. This has outpaced the Computer and Technology sector's loss of 0.11% and th ...

In the latest market close, Diebold Nixdorf, Incorporated (DBD) reached $41.88, with a +0.34% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.75%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%. Shares of the company have appreciated by 7.16% over the course of the past month, outperforming the Computer and Technology sector's gain of 2.48% and the S&P 500's gain of 4.03%. Investors will be eagerly watching for the performance of D ...

NORTH CANTON, Ohio, Sept. 10, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Kathleen Creech is joining the company as executive vice president, chief people officer, effective Sept. 16. She will be responsible for leading employeefocused initiatives across the organization and overseeing the global human resources (HR) strategy for 21,000 Diebold Nixdorf employees worldwide. Kathleen Creech has been named chief people offi ...

Financial Data and Key Metrics Changes - Revenue for Q2 2024 was $940 million, an increase of 2.4% year-over-year, with gross margin expanding by 300 basis points [13][14] - Adjusted EBITDA for Q2 was $119 million, up 41% year-over-year, with an adjusted EBITDA margin of 12.6%, expanding 340 basis points [14][15] - Free cash flow for Q2 was a use of $16 million, favorable by $237 million year-over-year, indicating improved cash flow management [14][15] Business Line Data and Key Metrics Changes - Banking revenue was $707 million, up 6.4% year-over-year, driven by product revenue growth of 15.6% [16] - Retail revenue was $232 million, down 8% year-over-year, with service revenue growth of 2.9% offset by a 20.5% decline in product revenue [17][18] - Banking gross profit increased by $33 million year-over-year to $198 million, with gross margin expanding by 310 basis points [16] Market Data and Key Metrics Changes - Strong demand for DN series ATMs in North America, with a product backlog remaining above $1 billion [8][10] - Latin America is expected to see significant growth due to upcoming government contracts, while Europe shows stable demand [25][26] - Asia-Pacific markets are being approached with caution, focusing on profitable opportunities [26] Company Strategy and Development Direction - The company is focused on continuous improvement and operational execution, aiming to reduce dependency on a historically strong fourth quarter [7][10] - The goal is to become the number one self-checkout shipment provider in the Americas, following success in Europe [9] - The management team is enhancing talent and governance to support long-term growth and value creation [10][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the banking sector's demand, particularly for recycling technology [25][27] - The retail market is experiencing a slight slowdown in purchasing decisions, but the pipeline remains healthy [29] - The company expects to achieve greater free cash flow conversion over the next 12 to 24 months, targeting 50% of adjusted EBITDA [20][22] Other Important Information - The company updated its full-year adjusted EBITDA guidance to a range of $435 million to $450 million, up from previous guidance [21] - The product backlog of approximately $1 billion provides good coverage for product revenue for the remainder of the year [23] - The addition of two new directors with extensive experience in banking and technology is expected to strengthen the board [10] Q&A Session Summary Question: Demand trends across global banking markets - Management noted strong adoption of recycling technology in North America, with healthy demand from both large and small banks [25][26] Question: Retail customer conversations and investment tone - Management observed a slight slowdown in customer decisions but maintained a healthy pipeline, with customers seeking more integrated solutions [29][30] Question: Services gross margin sustainability - The target is to achieve service margins above 30% by the end of the year, with ongoing improvements expected [32][33] Question: Retail revenue decline and market environment - The revenue decrease was attributed to a mix of exiting lower-margin third-party sales and softer market conditions, with a 60/40 split between checkout hardware and third-party sales [36] Question: Improved EBITDA guidance and margin improvements - Management expects stronger product margins moving forward, with product margins now in the mid-20s and sustainable [39][40] Question: Backlog trends and future banking revenue sustainability - Management is focused on maintaining a linear revenue profile and believes strong order entry will support banking revenue [41][42]

1 Transforming the Way People Bank an | --- | --- | --- | |------------------------------|-------|-------| | | | | | Second Quarter 2024 Earnings | | | | | | | | Performance Summary Update | | | | August 7, 2024 | | | 2 Forward-looking Statements This presentation and the exhibits hereto may contain statements that are not historical information and are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectation ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________ Form 10-Q __________________________________________________ ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4879 ____________________________________ ...