ACI Worldwide, Inc. (ACIW) Misses Q1 EPS by 11c

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Go back to ACI Worldwide, Inc. (ACIW) Misses Q1 EPS by 11c

ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2020

May 7, 2020 6:00 AM EDT

Q1 HIGHLIGHTS

Revenue of $291 million, up 42% from Q1 last year Recurring revenue was 84% of total revenue, up from 80% in Q1 last year Adjusted EBITDA of $38 million with net adjusted margin increasing to 19% from 5% in Q1 last year Cash flow from operations of $58 million, up 36% from Q1 last year Net loss of $24 million was consistent with Q1 last year

NAPLES, Fla.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ:... More