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Diebold Nixdorf(DBD) - 2023 Q1 - Earnings Call Presentation
2023-05-03 12:28
May 3, 2023 DIEBOLD NIXDORF | 2 DIEBOLD NIXDORF | 3 Consistently strong market demand for our solutions in Banking and Retail driven by self-service and automation growth drivers DN business Banking Segment Overview Retail Segment Overview Retail Product Backlog First Quarter 2023 Production Update 10.7 (1) SCO unit shipments includes the shipments of kiosks, which are similar to self-service SCO devices. This is consistent with how management is analyzing the business. (2) Please note that the 2023 perform ...
Diebold Nixdorf(DBD) - 2022 Q4 - Annual Report
2023-03-15 16:00
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, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Diebold Nixdorf, Incorporated (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Ohio 34-0183970 (I.R.S. Employer Identification No.) 50 E ...
Diebold Nixdorf(DBD) - 2022 Q4 - Earnings Call Transcript
2023-02-09 17:50
Diebold Nixdorf, Incorporated (NYSE:DBD) Q4 2022 Results Conference Call February 9, 2023 8:30 AM ET Company Participants Christine Marchuska - VP, IR Octavio Marquez - CEO Jeff Rutherford - VP, CFO Jim Barna - Head of Treasury and Tax Conference Call Participants Matt Summerville - D.A. Davidson Paul Chung - J. P. Morgan Kartik Mehta - Northcoast Research Matt Bryson - Wedbush Securities Peter Sakon - CreditSights Operator Good morning. My name is Bailey, and I'll be your conference operator today. At this ...
Diebold Nixdorf(DBD) - 2022 Q3 - Quarterly Report
2022-11-09 21:29
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 September 30, 2022 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(DBD) - 2022 Q3 - Earnings Call Transcript
2022-11-08 19:26
Financial Data and Key Metrics Changes - Total revenue for Q3 2022 was $805 million, with adjusted EBITDA of $76 million, aligning with the operating forecast [23][22] - Services gross margin improved sequentially by 100 basis points to 31.3%, while product gross margin percentage declined due to an unfavorable product mix [24][25] - Operating expenses decreased to approximately $139 million, with expectations for normalized quarterly operating expenses to be in the $155 million to $160 million range going forward [25][22] Business Line Data and Key Metrics Changes - Backlog remained near historic highs at approximately $1.4 billion in Q3, with expectations to decrease in Q4 due to product delivery [7][12] - The company expects to ship 52,000 ATMs, 25,000 self-checkout units, and 127 points of sale terminals in 2022, with a forecast of 60,000 ATMs and 35,000 self-checkouts for 2023 [11][12] - Cash dispensers represented approximately 47% of ATM units in Q3, up from 42% in Q2, indicating a shift in product mix [24] Market Data and Key Metrics Changes - Demand for banking and retail solutions remains strong, particularly in the Americas, with significant deployments in the US for self-checkout solutions [6][39] - Europe is expected to remain a flat market, while Asia Pacific presents opportunities for growth, particularly in India [40][41] Company Strategy and Development Direction - The company aims to maintain its leadership in banking and retail technology, focusing on market share growth in ATM products and self-checkout solutions [18][19] - A Transaction Support Agreement (TSA) was entered to extend near-term debt maturities and improve liquidity, reflecting confidence in the long-term strategic operating model [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in product revenues entering 2023, supported by a strong backlog and market demand [12][14] - The company is working to normalize supplier relationships and improve working capital management to enhance supply chain success [30][76] Other Important Information - The company has executed approximately $170 million in savings through cost management efforts and is modeling an additional $25 million in savings [9] - The forecast for unlevered free cash flow for 2022 is projected at a use of $243 million, primarily due to working capital normalization and TSA-related fees [28][30] Q&A Session Summary Question: What needs to happen for the company to ship 22,000 ATMs in Q4? - The company has 14,000 units ready for delivery, and converting a significant portion of that inventory is essential to meet the target [32][33] Question: Can you provide details on incoming order rates by region? - Order intake for self-checkout remains strong, with significant deployments in the US and continued demand across the Americas [35][39] Question: What is the impact of product mix on margins? - The product mix is expected to stabilize over several quarters, with a goal of achieving a normalized mix of cash dispensers and recyclers [45][47] Question: What are the conditions for closing the TSA transaction? - The TSA transaction is expected to close by the end of December, allowing for normalized supplier relationships and improved liquidity [90][89]
Diebold Nixdorf(DBD) - 2022 Q2 - Quarterly Report
2022-08-09 20:51
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, 2022 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(DBD) - 2022 Q2 - Earnings Call Transcript
2022-08-02 16:52
Diebold Nixdorf, Inc. (NYSE:DBD) Q2 2022 Earnings Conference Call August 2, 2022 8:30 AM ET Company Participants Christine Marchuska - VP & Head, IR Octavio Marquez - President, CEO & Director Jeffrey Rutherford - EVP & CFO Conference Call Participants Matt Summerville - D.A. Davidson & Co. Jeffrey Harlib - Barclays Bank Kartik Mehta - Northcoast Research Partners Peter Sakon - CreditSights Arun Seshadri - Crédit Suisse Matthew Bryson - Wedbush Securities Operator Good morning. My name is Adam, and I will ...
Diebold Nixdorf(DBD) - 2022 Q1 - Quarterly Report
2022-05-10 20:40
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, 2022 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(DBD) - 2022 Q1 - Earnings Call Transcript
2022-05-10 18:27
Diebold Nixdorf, Inc. (NYSE:DBD) Q1 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Christine Marchuska - VP & Head, IR Octavio Marquez - President, CEO & Director Jeffrey Rutherford - EVP & CFO Conference Call Participants Matt Summerville - D.A. Davidson & Co. Jeffrey Harlib - Barclays Bank Arun Seshadri - Crédit Suisse Paul Chung - JPMorgan Chase & Co. Matthew Bryson - Wedbush Securities Anastazia Goshko - Bank of America Merrill Lynch Robert Jost - Invesco Ltd. Operator Good m ...
Diebold Nixdorf(DBD) - 2021 Q4 - Annual Report
2022-03-11 18:23
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, 2021 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) Ohio 34-0183970 (State or other jurisdiction of incorpora ...