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Jun 30, 2022
ACI Worldwide Q2 2022 Earnings Report
ACI Worldwide delivered a strong second quarter, with revenue growth and adjusted EBITDA growth versus Q2 2021.
Key Takeaways
ACI Worldwide reported Q2 2022 financial results with revenue of $340 million, a 13% increase compared to Q2 2021. Net income was $13 million. The company reaffirmed its full-year 2022 guidance and expects the divestiture of its corporate online banking solutions to close in Q3 2022.
Revenue was $340 million, up 13% versus Q2 2021.
Adjusted EBITDA was $66 million, up 10% versus Q2 2021.
New ARR bookings were up 3% versus Q2 2021.
Net income was $13 million.
ACI Worldwide
ACI Worldwide
Forward Guidance
ACI Worldwide reaffirmed its guidance for the full year of 2022. We expect revenue growth to be in the mid-single digits on a constant currency basis, or in the range of $1.415 billion to $1.435 billion. We expect adjusted EBITDA to be in a range of $400 million to $415 million with net adjusted EBITDA margin expansion. We expect Q3 2022 revenue to be between $310 million and $325 million and adjusted EBITDA to be between $50 million and $65 million.