Workflow
ACI Worldwide(ACIW)
icon
Search documents
ACI Worldwide (ACIW) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-01 12:15
Company Performance - ACI Worldwide reported quarterly earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.22 per share, and up from $0.15 per share a year ago, representing an earnings surprise of 113.64% [1] - The company achieved revenues of $373.48 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 6.72% and increasing from $323.33 million year-over-year [1] - Over the last four quarters, ACI Worldwide has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [1] Stock Performance - ACI Worldwide shares have increased approximately 41.3% since the beginning of the year, significantly outperforming the S&P 500's gain of 15.8% [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.47 on revenues of $387.95 million, and for the current fiscal year, it is $2.21 on revenues of $1.57 billion [4] - The estimate revisions trend for ACI Worldwide is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [4] Industry Context - The Computer - Software industry, to which ACI Worldwide belongs, is currently ranked in the bottom 39% of over 250 Zacks industries, which may impact stock performance [5] - Another company in the same industry, Synopsys, is expected to report quarterly earnings of $2.95 per share, reflecting a year-over-year change of +2.4%, with revenues anticipated to be $1.53 billion, up 2.6% from the previous year [5][6]
ACI Worldwide(ACIW) - 2024 Q1 - Earnings Call Transcript
2024-04-30 16:39
ACI Worldwide Inc. (NASDAQ:ACIW) Q1 2024 Results Conference Call April 30, 2024 8:30 AM ET Company Participants John Kraft - Head of Strategy & Finance Tom Warsop - CEO, President & Director Scott Behrens - Executive VP, CFO & Chief Accounting Officer Conference Call Participants Pete Heckmann - D.A. Davidson Jeff Cantwell - Seaport Research Partners George Sutton - Craig-Hallum Capital Trevor Williams - Jefferies Charles Nabhan - Stephens Operator Thank you for standing by. My name is Eric, and I will be y ...
ACI Worldwide(ACIW) - 2024 Q1 - Quarterly Report
2024-04-30 13:37
Table of contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ FORM 10-Q ____________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Or For the transition period from to Commission File Number 0-25346 _________ ...
ACI Worldwide(ACIW) - 2024 Q1 - Quarterly Results
2024-04-30 13:22
Exhibit 99.1 ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2024 Q1 2024 HIGHLIGHTS • Revenue up 9% versus Q1 2023 • Net income (loss) improved $24 million over Q1 2023 to a loss of $8 million • Adjusted EBITDA up 93% versus Q1 2023 • Cash flow from operating activities up 208% versus Q1 2023 • Repurchased 2 million shares for $63 million • Raising guidance range for full-year 2024 Omaha, NE — April 30, 2024 — ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, ...
ACI Worldwide (ACIW), AFS Team Up to Modernize Digital Payments
Zacks Investment Research· 2024-04-02 16:36
ACI Worldwide (ACIW) partnered with Arab Financial Services (“AFS”) to modernize digital payments for the banking domain across the Middle East and Africa.Through this partnership, ACIW will upgrade AFS’ processes by implementing the ACI Enterprise Payments Platform. The platform will enable AFS to process every type of payment across a variety of currencies and in multiple institutions across the region. AFS currently operates in more than 20 countries and is owned by 37 banks.Moreover, the modernization w ...
Instant Payments To Significantly Boost Finances of Young Adults in Europe
Businesswire· 2024-03-17 23:01
OMAHA, Neb. & LONDON--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, instant payments technology, today revealed striking new data proving instant paymentsii will boost the financial prospects of young adults in the EU. New research from the Centre for Economics and Business Research (Cebr) commissioned by ACI Worldwide shows that for every 5% increase in the volume of instant payments, the number of 15 to 24-year-olds globally who saved money in the last year increas ...
ACI Worldwide (ACIW), comforte AG Team Up to Modernize Payments
Zacks Investment Research· 2024-03-12 17:06
ACI Worldwide (ACIW) recently partnered with comforte AG to use the latter’s data-based security solutions and help customers meet the Payment Cards Industry Data Security Standards (PCI DSS) v4.0 standard.PCI DSS is the technical and operational benchmark set for payment processing companies throughout the globe. The new partnership will help ACI Worldwide adhere to PCI DSS v4.0 standard to provide improved payment experiences, adopt emerging technologies and counter cyber threats.The PCI DSS v4.0 standard ...
ACI Worldwide and comforte AG Pave the Way for Payment Modernization with PCI DSS v4.0 Compliance
Businesswire· 2024-03-11 13:00
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, and comforte AG, a leading provider of data-centric security solutions, today announced a partnership to help customers meet the new Payment Cards Industry Data Security Standards (PCI DSS) v4.0 standard. Under this partnership, ACI will use comforte’s data-centric security solutions, which ACI has rigorously tested to be compatible with ACI’s solutions. PCI DSS is a global standa ...
Altus Group Nominates Thomas Warsop to its Board of Directors
Newsfilter· 2024-03-07 21:01
TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- Altus Group Limited (ʺAltus Group" or the "Company") (TSX:AIF), a leading provider of asset and fund intelligence for commercial real estate ("CRE"), announced today the nomination of Thomas Warsop (President and CEO of ACI Worldwide Inc.) to stand for election to its Board of Directors (the "Board") at its upcoming annual general meeting of shareholders scheduled for May 1, 2024. "Tom Warsop is a seasoned technology executive with a proven track record of driving ...
Kiwibank Goes Live with ACI Worldwide's Enterprise Payments Platform
Businesswire· 2024-03-07 01:00
OMAHA, Neb. & SINGAPORE--(BUSINESS WIRE)--Kiwibank has successfully gone live with ACI Worldwide’s Enterprise Payments Platform, a managed cloud solution that will process all of Kiwibank’s account-to-account real-time payments. “Aligned with our vision for transformation and to build a new, modern, flexible tech stack, the ACI Enterprise Payments Platform is vital for future-proofing our payments system. By moving everything to ACI’s platform, we’ve replaced over 50% of the tech underpinning our banking ...