NCR Corporation (NYSE:NCR) Q2 2022 Earnings Conference Call July 27, 2022 4:30 PM ET
Company Participants
Michael Nelson - Treasurer and VP of IR
Michael Hayford - CEO
Owen Sullivan - President and COO
Tim Oliver - CFO
Conference Call Participants
Dan Perlin - RBC Capital Markets, LLC
Matt Summerville - D.A. Davidson
Erik Woodring - Morgan Stanley
Kartik Mehta - Northcoast Research
Charles Nabhan - Stephens
Paul Chung - JP Morgan
Operator
Good day, and welcome to the NCR Corporation Second Quarter Fiscal Year 2022 Earnings Conference. Today's call is being recorded. At this time, I would like to turn the conference over to Mr. Michael Nelson, Treasurer and Head of Investor Relations. Please go ahead, sir.
Michael Nelson
Good afternoon, and thank you for joining our second quarter 2022 earnings call. Joining me on the call today are Mike Hayford, CEO; Owen Sullivan, President and COO; and Tim Oliver, CFO.
Before we get started, let me remind you that our presentation and discussions will include forward-looking statements. These statements reflect our current expectations and beliefs, but they're subject to risks and uncertainties that could cause actual results to differ materially from those expectations. These risks and uncertainties are described in our earnings release and our periodic filings with the SEC, including our annual report.
On today's call, we'll also be discussing certain non-GAAP financial measures. These non-GAAP measures are described and reconciled to their GAAP counterparts in the presentation materials, the press release dated July 27, 2022, and on the Investor Relations page of our website. A replay of this call will be available later today on our website ncr.com.
With that, I would now like to turn the call over to Mike.
Michael Hayford
Thanks, Michael, and thank you, everyone for joining us today for our second quarter 2022 earnings call. I will begin with some of my views on the business. And I will also provide commentary on our previously announced strategic review process. Tim we'll review our financial performance and then Owen, Tim and I will take your questions.
The team has done an excellent job executing in a difficult macro environment. Coming off a very difficult first quarter due to a number of external factors, the team focused on execution in the second quarter, and they delivered. As important we continue to build strong momentum in the business as we made progress on our strategy to NCR becoming a software lead as a service company with a higher shift to recurring revenue streams.