NCR reports beats, guides downside EPS

|About: NCR Corporation (NCR)|By:, SA News Editor

NCR (NYSE:NCR) reports Q4 beats and FY19 guidance with in-line revenue growth of 1% to 2% or about $6.47B to $6.54B (consensus: $6.51B) with downside EPS from $2.75 to $2.85 (consensus: $2.90).

Revenue breakdown: Software, $502M (consensus: $496M); Services, $633M (consensus: $603M); Hardware, $666M (consensus: $681M).

Non-GAAP gross margin was 27.5% compared to the 29.1% estimate and operating margin was 11.9% (consensus: 12.4%).

Earnings call is scheduled for 4:30 PM ET with a webcast available here.

Press release.

Previously: NCR beats by $0.02, beats on revenue (Feb. 7)

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