ACI Worldwide Q3 revenue $363M (+21% YoY), net income $38M (+64%), reiterates FY23 guidance

ACI WORLDWIDE, INC.

2023-Q3 EPS reported -$0.01 revenue$976,016,000

Total revenue $363M (+21% YoY); recurring revenue +10%; net income $38M (+64%).
Adjusted EBITDA $103M (+147%), net debt leverage 2.4x, down from 2.9x.
Bank segment revenue +42%, Biller segment adjusted EBITDA +48%; Merchant flat.
Reiterates FY23 guidance: revenue $1.436B-$1.466B, adjusted EBITDA $380M-$395M.
2024 revenue growth target 7-9%; $200M share repurchase authorization remains.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ACI WORLDWIDE, INC. reported the quarter ended September 30, 2023 results: revenue $363 million, net income $38 million. Guidance reaffirmed.

Period: the quarter ended September 30, 2023
Revenue: $363 million
Net income: $38 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

we are confident in reiterating guidance for this year, as well as for our revenue growth target of 7-9% in 2024." FINANCIAL SUMMARY In Q3 2023, total revenue was $363 million, up 21% compared to the same period in 2022. Recurring revenue in Q3 grew 10% versus last year. Net income in the quarter was $38 million, up from $23 million last year. Total

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

ACI WORLDWIDE, INC. filing history →

Source: SEC EDGAR

accession 0000935036-23-000037

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.