Overview

• Unified commerce leader's Q4 revenue rose, beating analyst expectations

• Adjusted EPS for Q4 beat analyst expectations

• Company repurchased $78 mln in shares during Q4

Outlook

• Company sees 2026 revenue between $2.210 bln and $2.325 bln, down 13%-18% YoY

• Company expects 2026 adjusted EBITDA to rise 4%-7% to $440-$455 mln

• Company forecasts 2026 non-GAAP diluted EPS of $0.93-$0.96, up 3%-6%

Result Drivers

• PLATFORM AGREEMENTS - Co signed long-term agreements with major retailers, boosting revenue

• CLOUD-TO-EDGE SOLUTIONS - Launch of cloud-to-edge applications supported revenue growth

• INCREASED PLATFORM SITES - Platform sites increased by 8%, contributing to revenue

Company press release: ID:nBw87MK7ra

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Revenue	Beat	$720 mln	$690.05 mln (6 Analysts)
Q4 Adjusted EPS	Beat	$0.31	$0.29 (7 Analysts)
Q4 Adjusted EBITDA	Slight Beat*	$130 mln	$129.23 mln (6 Analysts)
Q4 EPS continuing operations		$0.49
Q4 Recurring Revenue		$1.70 bln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the it services & consulting peer group is "buy"

• Wall Street's median 12-month price target for NCR Voyix Corp is $16.00, about 76% above its February 25 closing price of $9.09

• The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.