DBD - Why Is Retail Technology Company Diebold Nixdorf's Stock Jumping Today? | Benzinga
Retail technology company Diebold Nixdorf Inc (NYSE:DBD) reported first-quarter FY24 sales growth of 4.3% year-on-year to $895.40 million, beating the analyst consensus estimate of $875.65 million.
Banking revenue increased 9.4% to $648.8 million, and Retail revenue declined 7% to $246.6 million.
The gross profit fell 0.3% to $208.6 million and the gross margin contracted 110 basis points to 23.3%.
Operating income for the quarter was $23.8 million against ...