ACI Worldwide, Inc. (ACIW) Misses Q4 EPS by 9c, Revenues Miss; Offers FY20 Revenue Outlook
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ACI Worldwide, Inc. Reports Financial Results for the Quarter and Full Year Ended December 31, 2019
February 27, 2020 6:00 AM EST2019 HIGHLIGHTS
Revenue up 25% from 2018 Recurring revenue grew to 71% of total revenue from 65% in 2018 Net income of $67 million Adjusted EBITDA up 23% from 2018 On Demand net adjusted EBITDA margin improved to 19% from 5% in 2018NAPLES, Fla.--(BUSINESS WIRE)-- ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, announced financial results today for the quarter and full year ended December 31,... More
