NCR Corp. Reveals 48% Decline In Q1 Profit

(RTTNews) - NCR Corp. (NCR) revealed a profit for first quarter that fell from last year.

The company said its bottom line declined to $21 million, or $0.16 per share. This was down from $40 million, or $0.23 per share, in last year's first quarter.

The company said revenue for the quarter fell 2.7% to $1.44 billion. This was down from $1.48 billion last year.

NCR Corp. earnings at a glance:

-Earnings (Q1): $21 Mln. vs. $40 Mln. last year. -Earnings Decline (Y-o-Y): -47.5% -EPS (Q1): $0.16 vs. $0.23 last year. -EPS Decline (Y-o-Y): -30.4% -Revenue (Q1): $1.44 Bln vs. $1.48 Bln last year. -Revenue Change (Y-o-Y): -2.7%

-Guidance: Next quarter EPS guidance: $0.60 - $0.65 Next quarter revenue guidance: $1.56 - $1.58 Bln Full year EPS guidance: $2.90 - $3.00 Full year revenue guidance: $6.25 - $6.35 Bln