ACI Worldwide completes $100M sale of corporate online banking solutions to One Equity Partners; updates guidance

ACI WORLDWIDE, INC.

Closed sale of corporate online banking solutions to One Equity Partners for $100M cash.
Updated Q3 2022 revenue guidance to $306M-$321M (down $4M); adjusted EBITDA $49M-$64M (down $1M).
Full-year 2022 revenue guidance now $1.4B-$1.42B (down $15M); adjusted EBITDA $395M-$410M (down $5M).
Repurchased 2.7M shares for $80M YTD through Aug 31, 2022; $136M remaining on repurchase authorization.
CEO targets 7%-9% revenue growth by 2024, citing increased focus on core business and financial flexibility.

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