NATL
NCR Atleos Corporation38.60
+0.16+0.42%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
2.85BP/E (TTM)
22.06Basic EPS (TTM)
1.75Dividend Yield
0%Recent Filings
8-K
Consent solicitation succeeds
NCR Atleos secured majority holder consents for its consent solicitation, executing a Supplemental Indenture on March 11, 2026, to amend the 9.500% Senior Secured Notes due 2029 indenture. Amendments redefine 'Change of Control' to exclude the pending Brink's merger, effective just before closing. Deal hinges on regulatory nods. Risks loom if merger fails.
8-K
Launches note consent solicitation
NCR Atleos launched a consent solicitation on March 5, 2026, targeting holders of its 9.500% Senior Secured Notes due 2029 to amend the indenture ahead of its merger with Brink's, announced February 26. The key change excludes the merger from triggering a 'Change of Control,' with consenting holders eligible for $1.25 per $1,000 principal if majority approval hits by March 11. Merger closes independently. Noteholders face binding terms regardless.
10-K
FY2025 results
NCR Atleos posted FY2025 revenue of $4.4B, up 1% y/y, with Self-Service Banking driving 7% growth from 14% higher hardware sales amid industry refresh cycles and 33% ATMaaS expansion, while Network dipped 1% on U.S. immigration policy impacts and Bitcoin volume declines. Adjusted EBITDA rose 6% to $830M (19.1% margin), fueled by SSB's 19% profit surge via favorable ATMaaS margins and sale-leasebacks, yet Network's 11% EBITDA drop reflected vault cash cost pressures. Q4 accelerated with sequential revenue gains, but no quarterly breakdowns disclosed. Debt fell to $2.8B post-$265M paydown; $172M remains for buybacks after $28M repurchases. Spin-off indemnities pose shared environmental risks.
8-K
Brink's acquires NCR Atleos
NCR Atleos signed a merger agreement on February 26, 2026, to be acquired by Brink's in a $6.6B cash-and-stock deal—$30 cash plus 0.1574 Brink's shares per share—valued at ~$50.40 based on Brink's February 25 close. Brink's will merge NCR Atleos via subs, expecting Q1 2027 close pending approvals, $200M annual cost synergies, and 35% EPS accretion. Deal faces HSR, shareholder, and regulatory hurdles.
8-K
Strong results, Brink's acquisition
NCR Atleos posted strong 2025 results: revenue up 1% to $4.35B, net income doubled to $162M, Adjusted EBITDA rose 6% to $830M, with Adjusted Free Cash Flow surging 35% to $326M. Self-Service Banking revenue grew 7%, fueled by 14% hardware and 33% ATM as a Service gains. Cash and stock deal to be acquired by Brink's announced; no 2026 guidance issued. Deal consummation uncertain.
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