NORTH CANTON, Ohio (AP) _ Diebold Nixdorf, Incorporated (DBD) on Wednesday reported a loss of $123.6 million in its fourth quarter.
On a per-share basis, the North Canton, Ohio-based company said it had a loss of $1.62. Losses, adjusted for one-time gains and costs, came to 8 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The maker of bank teller machines, security systems and other equipment posted revenue of $1.29 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $1.22 billion.
For the year, the company reported that its loss widened to $568.7 million, or $7.48 per share. Revenue was reported as $4.58 billion.
Diebold Nixdorf expects full-year revenue in the range of $4.4 billion to $4.5 billion.
Diebold Nixdorf shares have more than doubled since the beginning of the year. The stock has decreased 64 percent in the last 12 months.
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