ACI Worldwide, Inc. (ACIW) Tops Q2 EPS by 17c

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ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended JuneĀ 30, 2020

August 6, 2020 6:00 AM EDT

Q2 HIGHLIGHTS

Revenue of $300 million, up 1% from Q2 last year Recurring revenue was 78% of total revenue, up from 75% in Q2 last year Net income of $14 million, up 146% from Q2 last year Adjusted EBITDA of $78 million, up 42% from Q2 last year Cash flow from operations of $68 million, up 371% from Q2 last year

NAPLES, Fla.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced financial results for the quarter ended June 30, 2020.

Despite the... More