Successful Sale of Digital Banking
Completed the sale of the Digital Banking segment ahead of expectations, generating $2.45 billion in gross proceeds and reducing indebtedness by approximately $1.8 billion.
Cloud-Native Commerce Platform Growth
Increased the number of sites on the cloud-native commerce platform by 25% from the prior year, reaching approximately 70,000 sites.
Restaurant Segment Momentum
Signed more than 230 new software customers in the restaurant segment, with platform and payment sites increasing by 4% and 12%, respectively.
Retail Segment Expansion
Signed 2 new enterprise customers and more than 5 mid-market customers in the retail segment, leading to nearly 3,000 additional sites.
Reduction in Leverage
Reduced net leverage to 1.6x following the debt paydown from the Digital Banking sale proceeds.