secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000935036-24-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACI Worldwide Q2 revenue $373M (+16% YoY), net income $31M, raises FY guidance, $400M buyback authorized
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- Revenue $373M, up 16% YoY; recurring revenue $284M (76% of total) grew 9%.
- Net income $31M vs loss of $7M in Q2 2023; adjusted EBITDA $93M, up 62%.
- Bank segment rev +22%, Merchant +4%, Biller +13%; all segments delivered EBITDA growth.
- Raised FY2024 revenue guidance to $1.557-1.591B and adjusted EBITDA to $423-438M.
- Board authorized $400M share repurchase; repurchased 1.7M shares for $57M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000093503624000032/0000935036-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000093503624000032/aciw-20240801.htm
  HTML page:      https://secwatch.observer/filing/0000935036-24-000032

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