secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000935036-23-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000093503623000037/0000935036-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000093503623000037/aciw-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000935036-23-000037

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