NCR Voyix Corp(US:VYX)2021-10-27 17:54Financial Performance - Total revenue increased by 20% year-over-year to $1.901 billion[12, 40, 42] - Recurring revenue increased by 39% year-over-year[10, 12] - Adjusted EBITDA increased by 41% year-over-year[10, 12] - Adjusted EBITDA margin expanded by 280 bps to 18.5%[10, 12] - Free cash flow was $125 million in Q3 2021[10, 13, 34, 67] - Non-GAAP diluted EPS increased by 28% year-over-year to $0.69[13, 42] Segment Performance - Banking: Digital banking revenue increased by 9% year-over-year[21] - Banking: Digital banking recurring revenue increased by 71% year-over-year[21] - Retail: Recurring revenue increased by 4% year-over-year[27] - Hospitality: Aloha Essential sites increased by 102% year-over-year[31] - Hospitality: Recurring revenue increased by 19% year-over-year[31] Strategic Goals - The company is progressing towards its NCR 80/60/20 goals, with 76% of revenue from software and services, 62% from recurring revenue, and an Adjusted EBITDA margin of 18.5%[32]