• The bulls are firmly in charge at Diebold Nixdorf, betting that their DB Now cost-cutting efforts can produce positive cash flow.
• If so, that would set in motion a self-reinforcing loop where deleveraging drives further cash flow improvements.
• We’re not there yet, but the prospects have significantly improved from half a year ago, and company executives are fully on board with considerable insider purchases.

Source: Diebold Nixdorf’s Turnaround Is Gathering Pace – Diebold Nixdorf, Incorporated (NYSE:DBD) | Seeking Alpha