Every material Form 8-K NCR Atleos filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
NCR Atleos's Compensation and Human Resource Committee approved new standalone restrictive covenant agreements for four senior executives, including the CEO and CFO, extending their post-employment non-competition obligation to 24 months. The committee also approved accelerating the vesting of one-third of outstanding 2024 and 2025 restricted stock units held by these officers by about two months, to December 19, 2025.
Restrictive covenant agreements approved December 17, 2025 for CEO Timothy C. Oliver, CFO Andrew Wamser, COO Stuart Mackinnon and General Counsel Ricardo J. Nuñez
One-third of 2024 and 2025 RSUs held by officers vest December 19, 2025, versus February 16 and February 20, 2026 originally; one-year post-vesting holding period unchanged
NCR Atleos reported third quarter 2025 results, with total revenue up 4% to $1.12 billion and net income attributable to Atleos up 24% to $26 million. The company reaffirmed its full-year 2025 guidance ranges, and it is revising previously issued financial statements for immaterial misstatements that overstated pre-tax income in fiscal years 2023 and 2024 and the first two quarters of 2025.
Total revenue $1.12 billion, up 4% year over year; recurring revenue was 70% of total revenue
Net income attributable to Atleos $26 million, up 24%; GAAP diluted EPS $0.34, up 21%; adjusted diluted EPS $1.09, up 22%
Net cash provided by operating activities $27 million in the quarter, compared with $107 million in the prior year period
Full-year 2025 guidance ranges reaffirmed; conference call scheduled for November 6, 2025 at 8:30 a.m. Eastern Time
NCR Atleos' Compensation and Human Resource Committee approved an amendment to CEO Timothy C. Oliver's employment agreement that keeps his 300% Separation Multiplier under the Change in Control Severance Plan. Without the amendment, the multiplier would have been reduced to 200% on October 16, 2025, the amendment's effective date. The filing says the change preserves the current level of retention value for Oliver and does not change other terms of his agreement.
Amendment approved September 23, 2025; effective October 16, 2025
Keeps CEO Timothy C. Oliver's Separation Multiplier at 300% instead of reducing it to 200%
Other terms of the employment agreement are unchanged; amendment filed as Exhibit 10.1
NCR Atleos reported second quarter 2025 revenue of $1.10 billion, up 2% year over year, and GAAP diluted earnings per share of $0.60, up from $0.41. The company reaffirmed its full year 2025 guidance and authorized a $200 million share repurchase program with a two-year duration. The filing also discloses immaterial revisions to previously issued financial statements.
Q2 2025 revenue of $1.10 billion, up 2% year over year, with $773 million from recurring revenue
GAAP diluted EPS of $0.60 vs. $0.41 a year earlier; non-GAAP diluted EPS of $0.93 vs. $0.85
Full year 2025 guidance reaffirmed; $200 million share repurchase authorized with a two-year duration
Prior financials revised for immaterial misstatements, including about $15 million overstatement of 2023 pre-tax income
NCR Atleos reported first quarter 2025 results, with revenue down 7% year over year to $980 million from $1.05 billion. Profit measures improved: GAAP net income was $17 million compared with a net loss of $8 million a year earlier, and non-GAAP diluted EPS rose 56% to $0.64. The company reaffirmed its full year 2025 guidance ranges, so shareholders get a mixed picture of weaker sales alongside higher profit.
Revenue was $980 million, down from $1.05 billion in the prior-year quarter, with recurring revenue at 76% of the total
GAAP diluted EPS was $0.23 versus $(0.11) a year earlier; non-GAAP diluted EPS was $0.64 versus $0.41
Adjusted EBITDA grew 9% to $175 million, and the company reaffirmed its full year 2025 guidance ranges
Conference call to discuss the results is scheduled for May 8, 2025 at 8:30 a.m. Eastern Time
NCR Atleos appointed Traci Hornfeck as Senior Vice President and Chief Accounting Officer, effective March 31, 2025, succeeding Andrew Duvall in that role. The filing discloses her compensation, including a $400,000 base salary, a $750,000 equity award and a 50% target cash bonus, and it does not report any financial results for the period.
Hornfeck previously served as Chief Accounting Officer of Rollins, Inc. from October 2021 to March 2025, and before that as United States Controller of Equifax Inc. from 2018.
Offer letter provides a $400,000 annual base salary, a 50% target annual cash bonus and a $750,000 time-based restricted stock unit award with three-year cliff vesting.
Andrew Duvall, who was notified on March 12, 2025, will remain with the company as Global Corporate Controller.
The company issued a press release on March 18, 2025 announcing the appointment.
NCR Atleos reported fourth quarter 2024 revenue of $1.11 billion, up 1%, and GAAP net income attributable to Atleos of $46 million, compared with a loss of $165 million a year earlier. For full year 2024, revenue was $4.3 billion, up 3%, and GAAP diluted EPS was $1.23, compared with a loss of $1.90 in 2023. The company also issued 2025 guidance calling for constant-currency total revenue growth of 1% to 3%, Adjusted EBITDA growth of 7% to 10%, and non-GAAP diluted EPS growth of 21% to 27%.
Q4 2024 revenue $1.11 billion, up 1%; Q4 GAAP diluted EPS $0.61 versus a loss of $2.34 a year earlier
Full year 2024 operating cash flow $344 million; adjusted free cash flow-unrestricted $242 million
2025 guidance: total revenue growth 1% to 3% constant currency, with an estimated FX impact of -2%; adjusted free cash flow-unrestricted of $260 million to $300 million
Conference call scheduled for March 4, 2025 at 8:30 a.m. Eastern Time
On February 20, 2025, NCR Atleos's Compensation & Human Resource Committee adopted standard award agreements for granting performance-based and time-based restricted stock units to the executive leadership team under its 2023 Stock Incentive Plan. The filing describes these as compensation arrangements rather than a leadership change, and it does not disclose any grant amounts.
Performance-based RSUs vest based on total stockholder return relative to a peer group over a three-year performance period.
Time-based RSUs vest annually in 33.33% increments, subject to continued employment or service.
Both agreements allow vesting to accelerate in certain circumstances after a change in control or a qualifying termination.
Forms are filed as Exhibits 10.1 and 10.2 to the 8-K.
NCR Atleos appointed Andrew Wamser, formerly CFO of BlueLinx, as Executive Vice President and Chief Financial Officer effective January 27, 2025, replacing Paul Campbell, who will remain an employee until April 1, 2025. The filing describes Wamser's pay package and Campbell's severance treatment, and the company said it expects to meet financial targets for its first full fiscal year.
Andrew Wamser's offer letter sets a $550,000 annual base salary and a 100% target cash bonus.
Wamser receives a $2,000,000 equity award in time-based restricted stock units with a three-year cliff vesting schedule, plus a 2025 long-term incentive target of $1,500,000.
Paul Campbell remains an employee until April 1, 2025, and his departure is treated as a termination without cause for severance purposes.
The company will file the Campbell separation agreement as an exhibit to its 10-K for the fiscal year ending December 31, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
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