ATM Order Weakness Hits NCR Hard

NCR (NYSE: NCR) has done a good job of evolving with changing times, going beyond its initial focus on checkout-line hardware to provide a wide range of payment-related services with numerous applications. By doing so, NCR hopes to cash in on the growing number of consumer transactions that involve payment intermediaries, but staying on the cutting edge requires continual effort to find new innovations and keep up with competitors in the popular space.

Coming into Thursday's third-quarter financial report, NCR investors wanted to see at least minimal growth in the company's top and bottom lines. The company was only able to deliver on part of that promise, and even with better earnings results than many had expected, sluggishness with order activity could point to more difficulties in the future. Let's look more closely at NCR and how it did over the past few months.

Image source: NCR.

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Source: Fool.com