July 5, 2017 / 12:51 PM / 16 days ago

BRIEF-Diebold Nixdorf adjusts 2017 financial outlook

1 Min Read

July 5 (Reuters) - Diebold Nixdorf Inc:

* Diebold Nixdorf adjusts 2017 financial outlook

* Co expects orders, revenue and adjusted EBITDA in Q2 to be comparable with Q1 results

* Sees FY 2017 revenue $4.7 billion to $4.8 billion

* Earnings per share on expected to be $0.95-$1.15 on a non-gaap basis for FY 2017

* Is in process of closing its books for Q2 2017

* Increasing DN2020 net savings target to $240 million

* Delay in systems rollouts also has a negative impact on company's service business

* Earnings loss per share on a GAAP basis is now expected to be in range of $1.65-$1.45 for FY 2017

* FY 2017 earnings per share view $1.58, revenue view $4.99 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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