NCR expects second-quarter revenue of $1.44 billion to $1.45 billion, up 6% from the same period last year. NCR had expected second-quarter revenue growth of only 1% to 2% over last year's $1.37 billion. The company expects earnings "in excess of" 35 cents per share, excluding one-time gains from the resolution of a tax issue that could push earnings to $1.25 per share. Wall Street analysts were expecting earnings of 18 cents per share.
NCR said its automated teller machine and Teradata data-warehousing businesses both generated revenue growth "well ahead of expectations." The company also manufactures point-of-sale and other automated retail systems. The company will report the final results for the second quarter on July 29.