When NCR was spun off from financially troubled AT&T Corp at the beginning of this year, the long-established computer giant used the opportunity to re-establish its business focus and corporate structure.
As the company's financial results show, it has been a tough transitional period, with few sure of an eventual successful turnaround.
For the first nine months, NCR reported revenues of US$4.6 billion, down from $4.9 billion in the year-ago period. Profits are non-existent - NCR has lost $29 million so far this year.
Even the traditionally strong fourth quarter would not be able to offset these year-to-date declines, said NCR chairman Lars Nyberg.
Former chairman William Anderson said the company's biggest challenge was luring back its former customers in the banking industry, many of whom still depend on NCR mainframes.
But Mr Nyberg is pointing the company forward to reap profits in new growth areas such as data warehousing.
