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Diebold Nixdorf: 3Q Earnings Snapshot

NORTH CANTON, Ohio (AP) _ Diebold Nixdorf, Incorporated (DBD) on Wednesday reported a loss of $212.6 million in its third quarter.

The North Canton, Ohio-based company said it had a loss of $2.79 per share. Losses, adjusted for one-time gains and costs, came to 61 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

The maker of bank teller machines, security systems and other equipment posted revenue of $1.12 billion in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $1.1 billion.

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

The company's shares closed at $3.62. A year ago, they were trading at $19.60.


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