Diebold Nixdorf Reports Strong Financial Results

By Tamara Parker • Wednesday, February 12 15:17 • Permanent Link

Diebold Nixdorf (NYSE:DBD) has reported strong financial results for the fourth quarter and full-year 2024. The company's revenue for the full year was $3.75 billion, in line with previous guidance. Net cash from operating activities was $149 million, and free cash flow reached $109 million.

Despite a GAAP net income loss of $(15) million, the company achieved an adjusted EBITDA of $452 million. Diebold Nixdorf also completed a successful debt refinancing in December 2024, which improved its financial position and reduced debt levels and interest expenses.

The company has authorized a $100 million share repurchase program as part of its commitment to returning significant value to its stockholders. Looking ahead to 2025, Diebold Nixdorf expects adjusted EBITDA in the range of $470 million to $490 million and free cash flow of $190 million to $210 million.

In the fourth quarter, Diebold Nixdorf saw strong performance in its banking and retail sectors, securing agreements for new DN Series ATMs and services with a top three U.S. bank. The company also expanded its presence in Asia-Pacific, Brazil, and the Middle East, reflecting continued investment by financial institutions in self-service channels.

Moreover, Diebold Nixdorf extended its adoption of lean operating principles to service operations and received credit rating and outlook upgrades from Moody’s Ratings and S&P Global Ratings. The company also implemented the first ATM solution using the Microsoft Windows 11 operating system on live ATMs.

Diebold Nixdorf's full-year 2025 outlook includes expectations of flat to low single-digit revenue growth, with banking and retail up low-single digits year-over-year in constant currency. However, the company anticipates a significant 3% to 4% unfavorable impact from foreign exchange rates, with revenue weighted towards the second half of the year.

The Board of Directors has authorized a new share repurchase program of up to $100 million, with various methods to effect the repurchases, including open market purchases. The program may be extended, suspended, or discontinued at any time without prior notice.

Following these announcements, the company's shares moved 3.0%, and are now trading at a price of $45.34. For the full picture, make sure to review Diebold Nixdorf's 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.