NCR reports higher Q4 net loss, provides outlook for 2013

NCR Corporation, a provider of self-service kiosks and point-of-sale terminals, has reported a net loss attributable to the company of $20 million, or $0.12 loss per share, for the fourth quarter ended December 31, 2012, compared to a net loss attributable to the company of $9 million, or $0.06 loss per share, for the same quarter ended December 31, 2011. The company expects GAAP diluted earnings per share to be in the range of $2.06 to $2.16 for 2013.

Total revenue for the fourth quarter ended December 31, 2012 was $1.64 billion, compared to $1.60 billion for the same quarter ended December 31, 2011.

Net income attributable to the company for the year ended December 31, 2012 was $146 million, or $0.89 per diluted share, compared to $53 million, or $0.33 per diluted share, for the year ended December 31, 2011.

Total revenue for the year ended December 31, 2012 were $5.73 billion, compared to $5.29 billion for the year ended December 31, 2011.

For 2013, the company expects income from operations to be in the range of $548 million to $563 million.

Bill Nuti, Chairman and CEO of NCR, said: "NCR delivered outstanding results in 2012, driven by good business execution, consistent innovation, and successful expansion in new business verticals including hospitality and emerging industries.

"Looking to 2013, we anticipate more balanced revenue growth across our core Financial, Hospitality and Retail verticals, with Retail in particular expected to benefit from improving demand for self-service solutions as well as our move to strengthen our solutions portfolio through the acquisition of Retalix Ltd.

"Across all of our businesses, our focus remains centered on enabling our customers to drive revenues, secure operational efficiencies and build consumer loyalty through advanced hardware-enabled, software-driven technologies and solutions supported by a leading global services organization."