NCR Voyix Corp(US:VYX)2023-02-08 03:02Financial Performance - Full Year 2022 - NCR's revenue increased by 10% year-over-year (Y/Y) as reported, and 13% on a constant currency (CC) basis[12, 7] - Recurring revenue grew by 16% Y/Y as reported, and 20% on a CC basis[12, 7] - Adjusted EBITDA increased by 10% Y/Y as reported, and 16% on a CC basis[12, 7] - Non-GAAP diluted EPS increased by 2% Y/Y as reported, and 12% on a CC basis, with a foreign exchange (FX) impact of $(022)[12] - Free cash flow was $164 million, impacted by near-term investments in working capital[12] Financial Performance - Q4 2022 - Revenue decreased by 1% Y/Y as reported but increased by 2% on a CC basis[10] - Recurring revenue increased by 3% Y/Y as reported and 7% on a CC basis[10] - Adjusted EBITDA increased by 8% Y/Y as reported and 14% on a CC basis[10] - Non-GAAP diluted EPS increased by 4% Y/Y as reported and 8% on a CC basis, with an FX impact of $(003)[10] Strategic Initiatives and Outlook - NCR plans to separate into two public companies[9] - The company provides FY 2023 revenue guidance of $78 billion - $80 billion and adjusted EBITDA guidance of $145 billion - $155 billion[21]