secwatch.observer — SEC 8-K summary
======================================

Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2023-03-01T23:59:59+00:00
Accession:  0000935036-23-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACI Worldwide reports Q4 and full year 2022 financial results, increases share repurchase authorization to $200 million
--------------------------------------------------------------------------------

- Full year 2022 revenue was $1.422 billion, up 7% adjusted for FX and divestiture.
- Q4 2022 revenue was $452 million, net income $90 million, compared to $467 million and $109 million in Q4 2021.
- Board increased share repurchase authorization to $200 million remaining; company repurchased 8.6 million shares for $207 million in 2022.
- Annual recurring revenue (ARR) bookings grew 35% in 2022 over 2021.
- 2023 guidance: revenue $1.436B-$1.466B, adjusted EBITDA $380M-$395M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000093503623000006/0000935036-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000093503623000006/aciw-20230301.htm
  HTML page:      https://secwatch.observer/filing/0000935036-23-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer