ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended June 30, 2018

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Go back to ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended June 30, 2018

ACI Worldwide, Inc. (ACIW) Misses Q2 EPS by 3c, Revenues Beat; Affirms Guidance

August 2, 2018 6:11 AM EDT

ACI Worldwide, Inc. (NASDAQ: ACIW) reported Q2 EPS of ($0.13), $0.03 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $235 million versus the consensus estimate of $233.1 million.

HIGHLIGHTS

Cash flows from operating activities of $26 million, up from $13 million in Q2 2017Repurchased 1 million shares for $23 millionReiterating full year 2018 guidance

ACI signed several exciting contracts in the quarter, including the largest credit card company in Japan, a top US grocery chain, and... More