- ACI Worldwide press release (NASDAQ:ACIW): Q1 Non-GAAP EPS of $0.10 beats by $0.15.
- Revenue of $316.02M (+9.1% Y/Y) beats by $9.56M.
- ACI ended Q1 2024 with $183 million in cash on hand and a debt balance of $1 billion, which represents a net debt leverage ratio of 2.0x.
- For the full year of 2024, we are raising the top end of our guidance for both revenue and adjusted EBITDA. We now expect revenue to be in the range of $1.547 billion to $1.581 billion vs. $1.56B consensus, up from the range of $1.547 billion to $1.576 billion. We now expect adjusted EBITDA to be in the range of $418 million to $433 million, up from the range of $418 million to $428 million.
- For Q2 2024, we expect revenue to be between $345 million and $355 million vs. $350.11M consensus and adjusted EBITDA of $60 million to $70 million.