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Diebold Nixdorf: 2Q Earnings Snapshot

August 1, 2018

NORTH CANTON, Ohio (AP) _ Diebold Nixdorf, Incorporated (DBD) on Wednesday reported a loss of $138.5 million in its second quarter.

On a per-share basis, the North Canton, Ohio-based company said it had a loss of $1.82. Losses, adjusted for asset impairment costs and non-recurring costs, were 21 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The maker of bank teller machines, security systems and other equipment posted revenue of $1.11 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $1.1 billion.

Diebold Nixdorf expects full-year revenue of $4.5 billion.

Diebold Nixdorf shares have dropped 31 percent since the beginning of the year. The stock has fallen 51 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DBD at https://www.zacks.com/ap/DBD

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