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Diebold Surprises with Loss in Q2

After losing nearly 300 Million in 2017 and having their CEO exit, Diebold surprised the market with another 135 Million in loss in Q2 of 2018. They are now revising their full year outlook causing some concern among their finance partners. Check out the full earnings release HERE.

IN THE NEWS

Diebold Nixdorf says it has secured lending

"Diebold Nixdorf announced Monday morning that it has secured financing and will be adjusting its existing credit agreement...."

-- Akron Beacon Journal 

Diebold has hired advisers to seek sale

"Diebold has a market capitalization of less than $400 million after shares have fallen about 75% from $21.50 to less than $5 over the past 52 weeks."

-- CNBC 

JPMorgan Shops Rescue Loan for ATM-Maker Diebold

"One of Diebold Nixdorf Inc.’s largest lenders is shopping rescue financing of at least $500 million to save the cash-strapped ATM maker..."

-- Bloomberg 

Diebold decline acknowledged

"While revenue was in line with our expectations, the company's bottom-line results were clearly disappointing" President and CEO, Gerrard Schmid

-- ATM Marketplace

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