secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0000935036-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.02, 7.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACI Worldwide Q4 2023 revenue $477M (+5% YoY), net income $123M (+36%), guides 7-9% revenue growth for 2024
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- Q4 revenue $477M, up 5% YoY; recurring revenue $275M, up 7%.
- Q4 net income $123M vs $90M; adjusted EBITDA $210M, up 8%.
- FY 2024 guidance: revenue $1.547B-$1.576B (7-9% growth), adjusted EBITDA $418M-$428M.
- Secured new $500M term loan and $600M revolver, maturity extended to Feb 2029.
- Repurchased 1M shares for $28M in 2023, 2M shares for $62M YTD 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000093503624000005/0000935036-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000093503624000005/aciw-20240223.htm
  HTML page:      https://secwatch.observer/filing/0000935036-24-000005

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