Diebold Nixdorf Posts Q2 Beat

Diebold Nixdorf shares were higher 5.4% in pre-market trade after the company reported financial results for Q2, with earnings and revenue that topped analysts’ expectations; it also provided guidance for fiscal 2017 in line with Street estimates. The provider of connected commerce services, software and technology posted non-GAAP earnings of $0.08 per share, compared with the prior-year period’s $0.43 per share. Analysts polled by Capital IQ were expecting EPS of $0.07.

Revenue was $1.13 billion, up from $580 million in the same quarter last year. The Street view was for revenue of $1.1 billion. The company said expects fiscal 2017 non-GAAP EPS of $0.95 – $1.15 on revenue of $4.7 billion – $4.8 billion. The Street view is for EPS of $1.02 on revenue of $4.75 billion.

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