VYX Earnings Prediction
The chart below shows how VYX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VYX sees a +2.71% change in stock price 10 days leading up to the earnings, and a +5.50% change 10 days following the report. On the earnings day itself, the stock moves by -0.99%. This data can give you a slight idea of what to expect for the next quarter's release.
VYX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
711.00M
-64.75%
-18.84%
Gross Margin
23.35%
-24.90%
7.11%
Operating Margin
4.08%
-73.80%
55.13%
Net Margin
-4.36%
-28.52%
-48.40%
EPS
7.41
914.29%
-1498.11%
No Data Available
VYX Earnings Analysis
NCR Voyix Corporation Corporation (VYX.N) Earnings Conference Call
Positive
Debt Reduction Achievement: 1. Significant Debt Reduction: NCR Voyix completed the sale of its digital banking business for $2.45 billion, using approximately $1.8 billion of the proceeds to reduce its indebtedness, which significantly improved its balance sheet.
Adjusted EBITDA Improvement: 2. Improved Adjusted EBITDA: The company reported a normalized adjusted EBITDA of $101 million for the quarter, driven by cost actions taken in the previous quarter, reflecting a strong operational performance despite revenue declines.
Cloud Platform Customer Growth: 3. Customer Growth in Cloud Platform: NCR Voyix increased its cloud native commerce platform sites by 25% year-over-year, reaching approximately 70,000 sites, indicating strong customer adoption and growth in its digital offerings.
Restaurant Segment Growth: 4. Strong Performance in Restaurant Segment: The restaurant segment achieved an adjusted EBITDA of $66 million, representing a 27% increase and an expanded margin of 31.3%, driven by increased efficiencies and a favorable sales mix.
Share Repurchase Initiative: 5. Share Repurchase Program: The company plans to utilize approximately $100 million of the digital banking sale proceeds for share repurchases under its existing program, demonstrating confidence in its valuation and commitment to returning value to shareholders.
Negative
Revenue Decline Analysis: 1. Decline in Total Revenue: Total revenue for Q3 2024 was $708 million, reflecting an 11% decline primarily due to lower hardware and related install services.
Software Revenue Decline: 2. Decrease in Software Revenue: Reported and normalized software revenue was $245 million, a decrease of 2% compared to the prior year, indicating stagnation in growth despite a one-time software true-up from the previous year.
Decline in Services Revenue: 3. Drop in Services Revenue: Services revenue was $271 million, down 3% due to lower hardware installations, highlighting a negative trend in service-related income.
Free Cash Flow Usage: 4. Negative Free Cash Flow: The company reported free cash flow usage of $25 million for the quarter, which included approximately $80 million in fees related to the digital banking transaction and other strategic initiatives.
Corporate Expense Challenges: 5. High Corporate Expenses: Normalized corporate and other expenses for the quarter were $73 million, which included $21 million of spin-related costs, indicating ongoing financial strain from corporate overhead.
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VYX Earning Call Sentiment
NCR Voyix Corporation (VYX) Q3 2024 Earnings Call Transcript
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VYX.N
-1.98%Positive
The earnings call highlights a mixed financial performance with an 11% revenue decline and supply chain challenges. However, there are positives such as improved EBITDA margins in the restaurant segment, debt reduction, and a share repurchase program. The Q&A reveals cautious optimism, with management focusing on platform conversion and capital allocation. The lack of specific future guidance and hardware sales decline temper expectations. Overall, the sentiment is neutral due to offsetting positive and negative factors, with no clear catalyst for significant stock movement.
