secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2022-09-01T23:59:59+00:00
Accession:  0001193125-22-236600
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000119312522236600/0001193125-22-236600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000119312522236600/d396269d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-236600

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