DULUTH, Ga. – ATM maker NCR Corp. reported $80 million in net income for its second quarter, up from $33 million for the same period last year, as revenues surged by 11% in the period.

The company reported revenues of $1.41 billion for the quarter.

Second quarter results include the June 22 sale of its entertainment business to Redbox Automated Retail.

For the first six months of the year NCR reported a 14% increase in revenues to $2.65 billion, and a more than doubling in net income to $109 million.

 

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.