earnings
confidence high
sentiment negative
materiality 0.70
ACI Worldwide Q3 revenue $307M, adj EBITDA down 38% YoY; reaffirms revenue guidance, cuts EBITDA outlook
ACI WORLDWIDE, INC.
2022-Q3 EPS reported
$0.45
revenue$970,096,000
- Revenue $307M, up 1% adj for FX/divestiture; net income $23M.
- Adjusted EBITDA $46M, down 38% YoY; FY2022 adjusted EBITDA guidance cut to $365M-$380M.
- New ARR bookings $30M, up 35% YoY; repurchased 1.2M shares in Q3.
- Biller revenue up 5%; Bank revenue down 11%, Merchant down 9% (both adjusted for FX/divestiture).
- Reaffirmed FY2022 revenue guidance $1.39B-$1.405B on constant currency basis.