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Financial Outlook
The Company is updating its full year 2024 guidance to reflect the strategic announcements described above, including the classification of our Digital Banking business as a discontinued operation beginning in the third quarter of fiscal 2024 as a result of the planned divestiture, which results in the removal of Digital Banking results from our outlook and results of operations for the full year and all prior periods, as follows:
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Full Year |
Software Revenue |
$1,000M – $1,020M |
Services Revenue |
$1,040M – $1,060M |
Hardware Revenue |
$765M – $780M |
Total Revenue |
$2,805M – $2,860M |
Adj. EBITDA (cont. ops.) |
$355M – $375M |
Adj. EBITDA (%) |
12.6% – 13.1% |
Posted In: VYX