8-K
filed August 3, 2023, 7:59 PM ET
ticker ACIW
CIK 0000935036
earnings
confidence high
sentiment neutral
materiality 0.65
ACI Worldwide Q2 revenue $323M, net loss $7M; recurring rev +5%, reaffirms FY guidance
ACI WORLDWIDE, INC.
2023-Q2 EPS reported
-$0.36
revenue$613,001,000
- Total revenue $323M (-2% YoY); net loss $7M.
- Recurring revenue grew 5% (FX/divestiture-adjusted); Bank segment recurring revenue +13%.
- Adjusted EBITDA $57M vs $66M YoY; Biller segment EBITDA +10%; Merchant +23%.
- Reiterated FY2023 revenue guidance $1.436B-$1.466B; adj. EBITDA $380M-$395M.
- New ARR bookings TTM $91M (+2% YoY); $200M share repurchase authorization remains.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
ACI WORLDWIDE, INC. reported three months ended June 30, 2023 results: net income Net loss in the quarter was $7 million..
- Period
- three months ended June 30, 2023
- Net income
- Net loss in the quarter was $7 million.
- Result
- reported results
Exact text from the filing
In Q2 2023, total revenue was $323 million, down 2% compared to the same period in 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
ACI WORLDWIDE, INC. reported three months ended June 30, 2023 results: net income Net loss in the quarter was $7 million..
- Period
- three months ended June 30, 2023
- Net income
- Net loss in the quarter was $7 million.
- Result
- reported results
Exact text from the filing
Net loss in the quarter was $7 million. Total adjusted EBITDA in the quarter was $57 million compared to $66 million in Q2 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
ACI WORLDWIDE, INC. reported Q3 2023 results: revenue between $335 million and $345 million. Guidance initiated.
- Period
- Q3 2023
- Revenue
- between $335 million and $345 million
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
The company expects revenue to be between $335 million and $345 million and adjusted EBITDA of $70 million to $80 million in Q3 2023.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
ACI WORLDWIDE, INC. reported full year 2023 results: revenue in the range of $1.436 billion to $1.466 billion. Guidance reaffirmed.
- Period
- full year 2023
- Revenue
- in the range of $1.436 billion to $1.466 billion
- Guidance
- reaffirmed
- Result
- guidance update
Exact text from the filing
For the full year of 2023, the company expects revenue growth to be in the mid-single digits on a constant currency and divestiture-adjusted basis, or in the range of $1.436 billion to $1.466 billion.
View on SEC.gov
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