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Mar 31, 2024
ACI Worldwide Q1 2024 Earnings Report
ACI Worldwide's Q1 2024 financial results were reported, showing revenue increase and improved profitability.
Key Takeaways
ACI Worldwide reported a 9% increase in revenue compared to Q1 2023, reaching $316 million. The company's net loss improved by $24 million to a loss of $8 million, and adjusted EBITDA increased by 93%. Cash flow from operating activities also saw a significant increase of 208%.
Revenue increased by 9% compared to Q1 2023.
Net loss improved by $24 million compared to Q1 2023.
Adjusted EBITDA increased by 93% compared to Q1 2023.
Cash flow from operating activities increased by 208% compared to Q1 2023.
Revenue by Segment
Forward Guidance
For Q2 2024, the company expects revenue to be between $345 million and $355 million and adjusted EBITDA of $60 million to $70 million. For the full year 2024, the company is raising the top end of its guidance for both revenue and adjusted EBITDA. They now expect revenue to be in the range of $1.547 billion to $1.581 billion and adjusted EBITDA to be in the range of $418 million to $433 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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