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Diebold Nixdorf: 4Q Earnings Snapshot

February 13, 2019

NORTH CANTON, Ohio (AP) _ Diebold Nixdorf, Incorporated (DBD) on Wednesday reported a loss of $123.6 million in its fourth quarter.

On a per-share basis, the North Canton, Ohio-based company said it had a loss of $1.62. Losses, adjusted for one-time gains and costs, came to 8 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The maker of bank teller machines, security systems and other equipment posted revenue of $1.29 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $1.22 billion.

For the year, the company reported that its loss widened to $568.7 million, or $7.48 per share. Revenue was reported as $4.58 billion.

Diebold Nixdorf expects full-year revenue in the range of $4.4 billion to $4.5 billion.

Diebold Nixdorf shares have more than doubled since the beginning of the year. The stock has decreased 64 percent in the last 12 months.

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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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