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ACI Worldwide (ACIW)
NASDAQ:ACIW
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.58Last Year’s EPS
$1.12Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -2.54%
|Next Earnings Date:Feb 27, 2025
Earnings Call Sentiment|Positive
The earnings call was largely positive, showcasing strong revenue and EBITDA growth across several segments, particularly in the bank and merchant sectors. The company has effectively managed cash flow and reduced leverage, leading to an upgraded financial outlook for 2024. However, challenges in the Biller segment growth were noted.Company Guidance
During ACI Worldwide Inc.'s Q3 2024 earnings call, the company reported a strong quarter, surpassing expectations with a notable 24% year-over-year increase in total revenue. The bank segment led the growth, with revenue up by 43% and EBITDA increasing by 69%, largely driven by a 72% rise in real-time payments revenue. The merchant segment also showed impressive growth, with revenue and EBITDA rising 38% and 159%, respectively. The company now has over 99% of its full-year 2024 revenue forecast signed or covered by renewals, allowing it to raise its revenue guidance to between $1.567 billion and $1.601 billion, and adjusted EBITDA to between $433 million and $448 million. With a robust sales pipeline and reduced seasonality risks, ACI Worldwide expressed confidence in continued strength into 2025, supported by its strategic focus on new customer wins and technological advancements, including its payment hub platform and AI-driven initiatives.Record Revenue Growth
Q3 results were ahead of expectations with total revenue up 24% year-over-year, significantly outperforming guidance.
Bank Segment Performance
In the bank segment, revenue was up 43% and EBITDA was up 69% compared to Q3 last year, with real-time payments revenue growth of 72%.
Merchant Segment Growth
Merchant segment revenue grew 38% and EBITDA grew 159% compared to Q3 last year.
Strong Cash Flow and Reduced Leverage
Cash flow from operations was $54 million, more than double Q3 last year. The net debt leverage ratio decreased to 1.6x.
Raised Financial Guidance
The company raised its guidance for 2024, with revenue expected to be between $1.567 billion to $1.601 billion and adjusted EBITDA between $433 million to $448 million.
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ACIW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ACIW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $54.42 | $59.20 | +8.78% |
| Aug 01, 2024 | $43.23 | $45.75 | +5.83% |
| Apr 30, 2024 | $33.10 | $34.10 | +3.02% |
| Feb 29, 2024 | $30.97 | $32.91 | +6.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ACI Worldwide (ACIW) report earnings?
ACI Worldwide (ACIW) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is ACI Worldwide (ACIW) earnings time?
ACI Worldwide (ACIW) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACIW EPS forecast?
ACIW EPS forecast for the fiscal quarter 2024 (Q4) is $0.58.
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