Vynamic® Transaction Middleware cloud-native architecture enables a wide range of modern payment services, including acquiring, issuing and instant payments.NORTH CANTON, Ohio, May 13, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, today announced that Bankart, the leading payment processing company in Slovenia and the surrounding region, is migrating its payment services by using Diebold Nixdorf's proven Vynamic® Transaction Middleware. The cl ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the st ...

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 March 31, 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 __________________________________ ...

Financial Data and Key Metrics Changes - Adjusted EBITDA of $103 million is up 62% compared to the prior year, with an adjusted EBITDA margin expanding 400 basis points to 11.5% [1] - Revenue of $897 million increased 5.1%, with gross margin expanding 290 basis points year-over-year, primarily due to strong product performance [47] - Cash and short-term investments at the end of the first quarter were $407 million, including a $200 million debt paydown [5] Business Line Data and Key Metrics Changes - Banking revenue of $649 million was up approximately 9% year-over-year, driven by product revenue growth of almost 24% [2] - Banking gross profit increased by $40 million year-over-year to $181 million, with gross margin at 27.8%, up 410 basis points year-over-year [78] - Retail revenue of $248 million was down approximately 4.5% year-over-year, as strong service activity was offset by exiting lower-margin third-party hardware sales [79] Market Data and Key Metrics Changes - In North America, strong adoption of cash recycling technology is noted, with improved service performance benefiting from investments in internal resources [44] - Latin America is experiencing strong revenue growth across both product and service, supported by strong cash usage [45] - In Asia Pacific, higher unit shipments for cash dispensers and recyclers were reported, with solid activity levels across all regions [46] Company Strategy and Development Direction - The company is focused on developing a value-creating capital allocation strategy to benefit stakeholders, with an emphasis on improving free cash flow conversion [7] - Continuous improvement initiatives are being implemented to enhance operational execution and reduce complexity for customers [42] - The company aims to linearize revenue generation throughout the year to reduce dependency on Q4 results [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year expectations, with adjusted EBITDA expected to be in the range of $410 million to $435 million [6] - The demand environment is characterized as stable, with a strong focus on maintaining operational efficiency and improving margins [74] - The company is optimistic about the sustainability of gross margins due to effective supply chain management and pricing discipline [87] Other Important Information - The company is onboarding new leadership to strengthen operational excellence and improve service quality [57] - A new managed service agreement with a Top 5 bank in Western Europe was closed, indicating growth in outsourced service models [54] - The company is moving away from unit estimates to focus on price realization and revenue mix across different regions [20] Q&A Session Summary Question: Can you delve deeper into actions taken to drive better linearity across the business? - Management noted that they are pleased with Q1 results and are working on maintaining linearity throughout the year, expecting continuous improvement in the middle quarters [8] Question: Can you discuss sustainability in product gross margins? - Management believes that margins are sustainable due to supply chain actions and pricing discipline, despite potential small variations [9][87] Question: What is the outlook for free cash flow conversion? - The company targets free cash flow conversion of greater than 25% of adjusted EBITDA in 2024, with plans to improve this to over 50% beyond 2024 [83] Question: How is the retail business impacted by exiting lower-margin sales? - Management indicated that while there will be a revenue headwind, profitability is expected to increase due to a better product mix [104] Question: Can you clarify the negative free cash flow in Q1? - Management explained that the negative cash flow was primarily due to timing items related to indirect tax payments and other accruals [108]

Winning with Customers Strong First Quarter Financial Results(1) Europe (~42% of Q1 2024 Revenue) 2 • Accelerating revenue growth by leveraging our DN Series innovation combined with improved commercial execution 1 | --- | --- | |-----------------------------|-------| | | | | First Quarter 2024 Earnings | | | Performance Summary Update | | | May 2, 2024 | | 3 To supplement our condensed consolidated financial statements presented in accordance with GAAP, the company considers certain financial measures that ...

Smart Vision technology-based solution from Diebold Nixdorf automates age-restricted sales in the 24/7 store at Stuttgart AirportSTUTTGART, Germany and NORTH CANTON, Ohio, April 30, 2024 /PRNewswire/ -- EDEKA Jaeger, part of the EDEKA Group, which is one of the leading German supermarket organizations, is now offering customers in the 24/7 store at Stuttgart Airport the opportunity to authorize the purchase of age-restricted goods like alcoholic beverages at the self-service checkout using automatic age rec ...

Snap (SNAP) reported first-quarter 2024 earnings of 3 cents per share, which beat the Zacks Consensus Estimate by 160% and increased 200% year over year.Revenues increased 20.9% year over year to $1.19 billion and beat the Zacks Consensus Estimate by 6.79%.Daily active users (DAU) at the end of the reported quarter were 422 million, up 10.2% year over year. Snap added 39 million DAU on a year-over-year basis.Geographically, revenues from North America (62.2% of revenues) increased 16.1% year over year to $7 ...

NORTH CANTON, Ohio, April 10, 2024 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, will release 2024 first quarter financial results on Thursday, May 2, before trading begins on the New York Stock Exchange. Octavio Marquez, president and chief executive officer, and Jim Barna, executive vice president and chief financial officer, will discuss the results during a conference call and webcast that day beginning at 8:30 a.m. ET. Prior to the call, Diebo ...

Diebold Nixdorf, Incorporated (DBD) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower after a recent earnings beat.  The company is best known as the maker of ATM’s but has diversified into cash recyclers and dispensers, deposit terminals and other kiosk technologies. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day.DescriptionDiebold Nixdorf Incorporated engages in the automating, digitizing and transforming the way people bank a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 Diebold Nixdorf, Incorporated (Exact name of registrant as specified in its charter) Delaware 34-0183970 (State or other jurisdiction of inco ...