{
  "id": 18109481,
  "title": "NCR Atleos beats revenue estimates despite earnings miss",
  "url": "https://urgent.news/2026/11/04/ncr-atleos-beats-revenue-estimates-despite-earnings-miss",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T11:12:35.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/ncr-atleos-beats-revenue-estimates-despite-earnings-miss-93CH-4998375"
  },
  "original_language": "en",
  "account": "On Wednesday, NCR Atleos Corporation (NYSE:NATL) released its third quarter results, showing revenue that met but did not surpass analyst projections, while earnings per share fell below expectations. Shares of the self-service banking technology remained unchanged after the announcement. The adjusted earnings per share for the quarter was $1.35, lower than the consensus of $1.63. Total revenue for the period was $1.1 billion, equivalent to estimates but a 2% year-over-year decrease from $1.1 billion in the previous quarter. The dip in revenue was mainly due to reduced hardware sales in specific markets and lower demand for crypto transactions, which were partially offset by an increase in software and services. Adjusted EBITDA rose by 10% year-over-year to $241 million, with the adjusted EBITDA margin improving to 21.9% from 19.5% in the same quarter last year. This growth was largely driven by expansion in ATM as a Service, software revenue, and productivity initiatives, which countered the effects of higher memory and fuel costs. Self-Service Banking's adjusted EBITDA increased by 7% despite the decline in revenue, while Network adjusted EBITDA fell by 2%. CEO Tim Oliver highlighted that the company is making significant progress in obtaining regulatory approvals across various jurisdictions and has made substantial advancements in integration planning for the anticipated merger of Atleos and The Brink’s Company, which is expected to be finalized in early January 2027. For the first nine months of 2026, total revenue increased by 1% year-over-year to $3.2 billion, with adjusted EBITDA rising by 12% to $667 million. Net income attributable to Atleos surged by 273% year-over-year to $97 million in the third quarter, compared to $26 million in the same period last year. The company generated $198 million in operating cash flow and $156 million in adjusted free cash flow during the quarter. Net leverage ratio was reduced to 2.47x from 2.99x a year earlier.",
  "summary": null,
  "key_points": [
    "NCR Atleos met revenue estimates at $1.1 billion but missed EPS by $0.28",
    "Adjusted EBITDA grew 10% to $241 million, margin improved to 21.9%",
    "CEO Tim Oliver reported regulatory approvals progress and merger with The Brink’s Company"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}