earnings
confidence high
sentiment positive
materiality 0.70
ACIW Q3 revenue $317M; net new ARR up 50% YoY; raises FY guidance
ACI WORLDWIDE, INC.
2021-Q3 EPS reported
$0.15
revenue$903,769,000
- Q3 revenue $317M (slight YoY increase); net income $14M vs $16M prior year.
- Net new ARR bookings up 50% vs Q3 2020; Americas ARR nearly doubled.
- Full-year 2021 revenue guidance raised to $1.355-1.360B; adjusted EBITDA guided $380-385M.
- Adjusted EBITDA $74M, down from $87M due to timing of high-margin license renewals; margin 32% vs 38%.
- Recurring revenue $245M, up 1% YoY; Bank segment recurring up 2%, Merchant up 11%, Biller down 2%.