NCR (NCR) shares fell in late trading Thursday on investor disappointment with the company’s Q1 results.
The ATM maker posted revenue for the quarter of $1.03 billion, and non-GAAP profits of 15 cents a share.
Net loss was 12 cents a share, worse than both the year ago quarter loss of 9 cents and the Street consensus loss at 8 cents.
Latest quarter GAAP results include $56 million in pension expenses and $5 million in costs related to the relocation of the company HQ to Georgia from Ohio.
For the full year, NCR expects EPS of 39-49 cents, or $1.35-$1.45 a share excluding pension expenses.
NCR in late trading fell 92 cents, or 5.8%, to $15.01.
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