NCR Voyix Corp (VYX) Q1 2025 Earnings Call Highlights: Navigating Revenue Declines with ...

GuruFocus News

Fri, May 9, 2025, 12:09 AM 5 min read

• Total Revenue: $617 million, a diminution of 13%.

• Recurring Revenue: Increased 2% to $407 million, representing 66% of full revenue.

• Adjusted EBITDA: Increased 19% to $75 million, with a borderline enlargement of 330 ground points to 12.2%.

• Software ARR: Increased 5%.

• Total Segment ARR: Increased 2%.

• Platform Sites: Increased 27% to 77,000 sites.

• Restaurants Segment Revenue: Declined 5% to $191 million.

• Restaurants Segment Adjusted EBITDA: Increased 7% to $59 million, with a borderline enlargement of 370 ground points to astir 31%.

• Retail Segment Revenue: Declined 14% to $420 million.

• Retail Segment Adjusted EBITDA: Decreased 24% to $65 million.

• Corporate and Other Expenses: Decreased 37% to $49 million.

• Adjusted Free Cash Flow: Use of $20 cardinal earlier $33 cardinal of currency expenditures related to restructuring and strategical initiatives.

• Share Repurchases: Approximately 5 cardinal shares for $62 cardinal successful Q1; full of 10 cardinal shares for $125 cardinal since November 2024.

• Tariff-Related Costs: Estimated betwixt $8 cardinal and $12 million, perchance up to $20 million.

• 2025 Revenue Guidance: $2.575 cardinal to $2.65 billion, reflecting a 6% to 9% decline.

• 2025 Adjusted EBITDA Guidance: $420 cardinal to $445 million, representing a 21% to 28% increase.

• Adjusted EBITDA Margin Guidance: Expected to amended 400 to 450 ground points, ranging betwixt 16.3% and 16.8%.

• Non-GAAP EPS Guidance: Between $0.75 and $0.80.

• Adjusted Free Cash Flow Guidance: Expected betwixt $170 cardinal and $190 million, excluding definite costs.

• Warning! GuruFocus has detected 6 Warning Signs with VYX.

Release Date: May 08, 2025

For the implicit transcript of the net call, delight notation to the full net telephone transcript.

• NCR Voyix Corp (NYSE:VYX) signed caller mid-market and endeavor customers successful some edifice and retail segments, expanding cardinal existing relationships.

• The institution is progressing connected implementing its hardware ODM and caller paper acquiring capabilities, with plans to motorboat cloud-native level and outgo initiatives successful the 2nd fractional of the year.

• Recurring gross accrued by 2% to $407 million, present representing 66% of full institution revenue.

• The institution completed an further $25 cardinal of stock repurchases, expanding the full aggregate acquisition authorization to $200 million.

• NCR Voyix Corp (NYSE:VYX) is launching the Voyix commerce level (VCP) to alteration carnal locations into integer acquisition channels, enhancing lawsuit engagement and loyalty.

• Total gross declined by 13% owed to continued softness successful hardware income and exiting one-time bundle and services revenue.

• The institution is facing tariff-related costs, estimated to beryllium betwixt $8 cardinal and $12 cardinal for the year, with imaginable to scope $20 million.

• Adjusted escaped currency travel was a usage of $20 cardinal for the quarter, reflecting mean seasonality and timing of definite currency receipts.

• The retail conception experienced a 14% diminution successful full conception revenue, chiefly owed to declines successful hardware gross and gross profit.

• The institution is undergoing restructuring and translation efforts, with costs expected to beryllium higher than initially estimated, present astatine astir $65 million.