** Shares of ATM network NCR Atleos jump as much as 13.2%, last up 5.6% at $30.67
** NATL on Tuesday forecast annual adjusted profit per share to be about $3.12, compared to its prior forecast of $2.90 to $3.05
** Co now expects annual revenue to be about $4.30 bln, compared to its prior expectation of $4.26 bln to $4.30 bln
** Meanwhile, Q3 adjusted profit of 89 cents/shr beat Wall Street expectations of 79 cent/shr — LSEG
** We expect to see higher demand for hardware driven by both a typical replacement calendar and a desire for more capable ATMs with recycling, tap and other technologies — CEO Tim Oliver
** Oliver added that outsourcing of ATM-centric services by financial institutions was accelerating as they look to revamp branch infrastructure to manage costs and improve customer experience
** As of last close, NATL shares up 19.6% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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