earnings
confidence high
sentiment positive
materiality 0.75
ACI Q2 rev $302M (+1%), recurring $250M (+7%); Azure alliance, FY rev guidance
ACI WORLDWIDE, INC.
2021-Q2 EPS reported
$0.04
revenue$586,855,000
- Total Q2 revenue $302M (+1% YoY); recurring revenue $250M (+7% YoY).
- Adjusted EBITDA $60M vs $78M; net income $7M vs $14M; company cites timing of high-margin license renewals.
- Signed multi-year strategic alliance with Microsoft Azure to deliver cloud-based payment solutions.
- Introduced 2021 revenue guidance $1.335B-$1.345B; reaffirmed adjusted EBITDA $375M-$385M.
- Repurchased 1M shares, paid down $25M debt; ended quarter with $146M cash, $474M available on credit facility.