NCR reported yesterday that its ATM division generated fourth quarter revenue of $346 million, a 1% gain from the comparable period in 2001. The increase in revenue is primarily due to growth in the Americas and Asia-Pacific regions offsetting economic weakness and competitive pressures in the European marketplace. NCR’s Retail Store Automation business recorded fourth quarter revenue of $233 million, up 3% from the fourth quarter of 2001. The Retail Store Automation segment saw an operating loss of $1 million, down from operating income of $11 million in the fourth quarter of 2001. Operating margin declined largely due to competitive pressures and increased costs associated with the company’s supply chain. NCR says revenues for its ATM unit is anticipated to be up 5-10% in the first quarter of 2003. In the first quarter of 2003, Retail Store Automation revenue is expected to be up 20-25% versus the first quarter of 2002 due to strong order backlog. For complete details on NCR’s latest performance visit CardData ([www.carddata.com]).