ATLANTA (AP) — ATLANTA (AP) — NCR Atleos Corp. (NATL) on Monday reported a loss of $8 million in its first quarter.
The Atlanta-based bank said it had a loss of 11 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to 41 cents per share.
The provider of ATM services posted revenue of $1.05 billion in the period. Its revenue net of interest expense was $1.05 billion, surpassing Street forecasts.
For the current quarter ending in June, NCR Atleos expects its per-share earnings to range from 63 cents to 73 cents.
The company said it expects revenue in the range of $1.06 billion to $1.09 billion for the fiscal second quarter.
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