NCR VOYIX Corp
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
VYX$9.89+1.4%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
| For the years ended December 31, (in millions, except per share amounts) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Product revenue | $1,239 | $1,274 | $1,176 |
| Service revenue | 2,591 | 2,519 | 2,516 |
| Total revenue | 3,830 | 3,793 | 3,692 |
| Cost of products | 1,110 | 1,151 | 1,032 |
| Cost of services | 1,758 | 1,664 | 1,735 |
| Selling, general and administrative expenses | 740 | 695 | 704 |
| Research and development expenses | 185 | 147 | 195 |
| Total operating expenses | 3,793 | 3,657 | 3,666 |
| Income from operations | 37 | 136 | 26 |
| Loss on extinguishment of debt | (46) | — | (42) |
| Interest expense | (294) | (285) | (238) |
| Other income (expense), net | (79) | 18 | (13) |
| Income (loss) from continuing operations before income taxes | (382) | (131) | (267) |
| Income tax expense (benefit) | 204 | 72 | 70 |
| Income (loss) from continuing operations | (586) | (203) | (337) |
| Income (loss) from discontinued operations, net of tax | 163 | 262 | 435 |
| Net income (loss) | (423) | 59 | 98 |
| Net income (loss) attributable to noncontrolling interests of discontinued operations | — | (1) | 1 |
| Net income (loss) attributable to NCR Voyix | $(423) | $60 | $97 |
| Amounts attributable to NCR Voyix common stockholders: | |||
| Income (loss) from continuing operations | $(586) | $(203) | $(337) |
| Series A convertible preferred stock dividends | (16) | (16) | (16) |
| Income (loss) from continuing operations attributable to NCR Voyix | (602) | (219) | (353) |
| Income (loss) from discontinued operations, net of tax | 163 | 263 | 434 |
| Net income (loss) attributable to NCR Voyix common stockholders | $(439) | $44 | $81 |
| Income (loss) per share attributable to NCR Voyix common stockholders: | |||
| Income (loss) per common share from continuing operations | |||
| Basic | $(4.28) | $(1.60) | $(2.69) |
| Diluted | $(4.28) | $(1.60) | $(2.69) |
| Net income (loss) per common share | |||
| Basic | $(3.12) | $0.32 | $0.62 |
| Diluted | $(3.12) | $0.32 | $0.62 |
| Weighted average common shares outstanding | |||
| Basic | 140.6 | 136.7 | 131.2 |
| Diluted | 140.6 | 136.7 | 131.2 |
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