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Diebold Nixdorf Stock Surges 12% Following Solid Q2, Upgraded EBITDA Forecast - Details Here
Diebold Nixdorf Incorporated (NYSE:DBD) shares are trading higher on Wednesday after the company reported second-quarter results.
The company reported adjusted earnings per share of $1.16, beating the analyst consensus of $1.05. Quarterly revenues of $939.7 million (+1.9%) exceeded the street view of $913.47 million.
Diebold Nixdorf reported a significant 47.1% year-over-year increase in non-GAAP operating profit, reaching $102.8 million, with an operating profit margin of 10.9%, up 330 basis points from the previous year.
The company’s net income was $14.8 million, and adjusted EBITDA saw a 40.9% year-over-year increase ...