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

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