Diebold Nixdorf AG said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, amounted to €1.35 per share, compared with the S&P Capital IQ consensus estimate of 72 cents per share.
EPS increased 83.1% year over year from 74 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €40.1 million, an increase of 83.1% from €21.9 million in the prior-year period.
The normalized profit margin rose to 5.5% from 3.4% in the year-earlier period.
Total revenue rose 13.6% year over year to €727.0 million from €639.9 million, and total operating expenses rose 9.4% on an annual basis to €661.0 million from €603.9 million.
Reported net income grew 49.4% on an annual basis to €37.0 million, or €1.24 per share, from €24.7 million, or 83 cents per share.
