ACI Worldwide, Inc. (ACIW) Tops Q2 EPS by 5c; maintains outlook

ACI Worldwide, Inc. (NASDAQ: ACIW) reported Q2 EPS of ($0.06), $0.05 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $323 million versus the consensus estimate of $306.01 million.

For the full year of 2023, the company expects revenue growth to be in the mid-single digits on a constant currency and divestiture-adjusted basis, or in the range of $1.436 billion to $1.466 billion. The company expects adjusted EBITDA to be in the range of $380 million to $395 million with net adjusted EBITDA margin expansion. The company expects revenue to be between $335 million and $345 million and adjusted EBITDA of $70 million to $80 million in Q3 2023. This excludes one-time charges related to the move of the company’s European data centers to the public cloud and one-time costs to implement certain efficiency strategies.

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

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