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NATL - NCR Voyix: Hopefully The End Of 8 Years Restructuring
National Interstate Corporation
2024-02-23 00:41:46 ET
Summary
NCR Voyix, prior to its spin-off of NCR Atleos, underwent 7 years of restructuring and hopefully this spin-off in the eighth year brings the restructuring to an end.
NCR Voyix has market leading services and products, but EBITDA earnings have been eroded by "unusual costs" that had become a usual feature of annual financial reporting.
Hopefully, following the spin-off, the continual restructuring will have come to an end.
Shareholders should perhaps adopt a wait and see approach, and hold their NCR Voyix stock, with the hope net income will improve in the absence of the past level of "unusual costs".