ACI Worldwide, Inc. (ACIW) Misses Q2 EPS by 17c, Reiterates Outlook

ACI Worldwide, Inc. (NASDAQ: ACIW) reported Q2 EPS of ($0.25), $0.17 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $241 million versus the consensus estimate of $225.6 million.

REITERATE GUIDANCE

In 2017, we expect to generate revenue in a range of $1.0 billion to $1.025 billion, which represents 2-5% organic growth. Adjusted EBITDA is expected to be in a range of $250 million to $255 million, which excludes approximately $14 million in one-time integration related expenses for PAY.ON, the CFS divestiture, and data center and facilities consolidation, as well as the legal judgment. We expect to generate between $210 million and $225 million of revenue in the third quarter. We expect full year 2017 new bookings to grow in the upper single digit range.

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

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