Diebold Nixdorf: 2Q Earnings Snapshot

NORTH CANTON, Ohio (AP) _ Diebold Nixdorf, Incorporated (DBD) on Wednesday reported a loss of $138.5 million in its second quarter.

On a per-share basis, the North Canton, Ohio-based company said it had a loss of $1.82. Losses, adjusted for asset impairment costs and non-recurring costs, were 21 cents per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The maker of bank teller machines, security systems and other equipment posted revenue of $1.11 billion in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $1.1 billion.

Diebold Nixdorf expects full-year revenue of $4.5 billion.

Diebold Nixdorf shares have dropped 31 percent since the beginning of the year. The stock has fallen 51 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