NCR Voyix cuts FY24 revenue view to $2.805B-$2.86B from $3.6B-$3.7B

FY24 consensus $3.63B. Cuts FY24 adjusted EBITDA view to $355M-$375M from $632M-$657M. “The company is updating its full year 2024 guidance to reflect the strategic announcements described above, including the classification of our Digital Banking business as a discontinued operation beginning in the third quarter of fiscal 2024 as a result of the planned divestiture, which results in the removal of Digital Banking results from our outlook and results of operations for the full year and all prior periods.”