NCR Voyix Corporation (NYSE:VYX) Q1 2024 Earnings Call Transcript

Page 4 of 4

Matt Summerville: And just lastly, that comment on price, is that sort of new on the digital banking side? I guess I was under the impression last quarter maybe with all the renewal activity you were seeing a maybe slight amount of price compression and then just broadly speaking on price, are you net positive price capture in each of the three segments. Thank you.

Brian Webb: So with digital banking on renewal, we do typically see price compression, but that price compression has been improving over the last three or four quarters. And then outside of price compression at renewal in all three businesses, we go after capturing CPI-related price increases and so we get benefits each of the three segments around that.

Operator: There are no further questions at this time. I would now like to turn the floor back over to David Wilkinson for closing comments.

David Wilkinson: Yeah, thank you. In closing, I’d like to thank all of our customers again for the trust that they put in us every day to help them achieve their strategic objectives. I’d also like to thank again our NCR Voyix colleagues for their contributions to our successes up to now and our investors for their ongoing support. As I stated earlier, we remain committed to serving our existing customers and bringing them on the platform journey, in addition to adding new customers. Our platform investments over the past years have provided real value to our customers and we’re going to continue to connect them to the platform. We’ve built a solid foundation for growth within our base and growth of new customers, specifically in mid-market and while we’re proud of where we are, we need to do better at turning this foundation into growth and this focus will show up in our results.

I believe in the plan that we’ve outlined today, and I believe in this management team to execute. Thank you and look forward to updating you on our continued progress on our Q2 call.

Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.

Follow Ncr Voyix Corp (NYSE:VYX)

Page 4 of 4