NCR Doubled Second Quarter Earnings

DULUTH, Ga. – ATM maker NCR Corp. reported $80 million in net income for its second quarter, up from $33 million for the same period last year, as revenues surged by 11% in the period.

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The company reported revenues of $1.41 billion for the quarter.

Second quarter results include the June 22 sale of its entertainment business to Redbox Automated Retail.

For the first six months of the year NCR reported a 14% increase in revenues to $2.65 billion, and a more than doubling in net income to $109 million.

 


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