NCR Corp. said its financial and retail businesses are improving after the poor economy led to lower sales last year.
The Duluth, Ga., automated teller machine and kiosk maker said those business lines "have further stabilized" and that the company "entered the fourth quarter with momentum across our businesses," Bill Nuti, its chairman and chief executive, said in a press release Thursday.
NCR's revenue rose 6% to $1.21 billion in the third quarter from a year earlier. Its net income rose 467% to $83 million. It said its low income a year earlier was an effect of the economy driving down demand for ATMs.
NCR said it began installing its security software on multiple vendors' ATMs operated in Russia by Unicredit SpA. NCR also agreed to provide management and maintenance services for 550 Barclays PLC machines in the United Kingdom.