NCR Breaks Even in First Quarter
DAYTON, Ohio (AP) _ NCR Corp. broke even in the first quarter, an improvement over the company’s loss of $16 million, or 16 cents a share, a year ago.
The Dayton-based computer services company on Wednesday reported revenue of $1.309 billion for the three months ending March 31, a decline of 6 percent from the $1.389 billion for the same period in 1997.
``Our overall quarterly results continue to show year-over-year improvement,″ said NCR Chairman Lars Nyberg. ``Pressures on operating results continue to be driven by the economic situation in Asia and foreign exchange rates.″
NCR said that while total orders declined, orders for professional services increased.
NCR provides computer services and makes automated teller machines and electronic checkout scanners for the retail industry. The company employs 37,400 workers worldwide.