Tuesday, February 7, 2012

NCR 4th Quarter Earnings

NCR reported 4th quarter earnings which were better than expected. Revenue was up 17% to $1.64 billion. EPS was $.65 compared to the estimated $.56. Order growth was up 18% for the year. NCR saw improving margins for 2011 and expects the same for 2012. The approach to bring software and services to businesses is paying off. Revenue for 2012 is expected to increase between 7 to 9%. EPS is expected to increase 23 to 27%. Shares were up over 11% during trading.

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