NCR Voyix Corporation reported its financial results for the first quarter ended March 31, 2025. The company posted a net loss of $21 million, or $0.15 per share, which is an improvement compared to a $40 million net loss, or $0.31 per share, in Q1 2024. Adjusted earnings for the quarter were $0.09 per share. Total revenue for the period was $617 million, a decline from $710 million in the prior year, but it surpassed analysts' estimates of $603 million.
CEO James G. Kelly stated that the first quarter performance was in line with expectations, despite a softer economic environment and ongoing market volatility. He highlighted progress in signing new customers in both retail and restaurant segments, expanding key existing relationships, and advancing the implementation of payments and hardware ODM agreements. These efforts demonstrate continued execution on strategic initiatives.
The company maintained its full-year 2025 outlook, projecting total revenue between $2.575 billion and $2.650 billion, and Adjusted EBITDA between $420 million and $445 million. Non-GAAP diluted EPS is expected to be between $0.75 and $0.80, with Adjusted Free Cash Flow - Unrestricted between $170 million and $190 million. This reaffirmed guidance signals stability and confidence in the company's strategic direction amidst its ongoing transformation.
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