ACI Worldwide, Inc. (ACIW) Tops Q3 EPS by 25c

ACI Worldwide, Inc. (NASDAQ: ACIW) reported Q3 EPS of $0.39, $0.25 better than the analyst estimate of $0.14. Revenue for the quarter came in at $316 million versus the consensus estimate of $315.79 million.

GUIDANCE

While a significant portion of ACI’s revenues are recurring and the Company is optimistic about its pipeline of deals, the duration and severity of the COVID-19 pandemic has caused uncertainty regarding the timing of signing and realizing of revenue from new business. As previously announced, ACI has suspended guidance regarding its financial outlook for the full year 2020.

For earnings history and earnings-related data on ACI Worldwide, Inc. (ACIW) click here.

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