secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0000935036-24-000036
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 up 24% to $452M, net income +115%; raises FY2024 guidance
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- Revenue $452M (+24% YoY); net income $81M (+115%); adjusted EBITDA $167M (+61%).
- Bank segment revenue +43%, Merchant +38%, Biller +5% (Biller EBITDA -21% on non-recurring items).
- Guides FY2024 revenue $1.567-1.601B (prev. $1.557-1.591B); adj. EBITDA $433-448M (prev. $423-438M).
- Reduced long-term net debt leverage target from 2.5x to 2.0x; current leverage 1.6x with $650M liquidity.
- Repurchased ~200k shares for $8M in Q3; YTD 4M shares for $128M; $372M remains on authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000093503624000036/0000935036-24-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000093503624000036/aciw-20241107.htm
  HTML page:      https://secwatch.observer/filing/0000935036-24-000036

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