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Jun 30, 2024
ACI Worldwide Q2 2024 Earnings Report
ACI Worldwide reported strong growth in revenue and adjusted EBITDA for Q2 2024, exceeding financial guidance and raising full-year outlook.
Key Takeaways
ACI Worldwide announced financial results for Q2 2024, with revenue up 16% year-over-year to $373 million and net income of $31 million, a significant increase from the previous year's net loss. The company raised its full-year guidance for both revenue and adjusted EBITDA, reflecting confidence in its strategic initiatives and investments.
Revenue increased by 16% compared to Q2 2023.
Net income improved to $31 million, up $38 million from Q2 2023.
Adjusted EBITDA rose by 62% compared to Q2 2023.
Cash flow from operating activities increased by 215% compared to Q2 2023.
Revenue by Segment
Forward Guidance
For Q3 2024, the company expects revenue to be between $400 million and $410 million and adjusted EBITDA of $110 million to $120 million. For the full year of 2024, the company is raising its guidance for both revenue and adjusted EBITDA. We now expect revenue to be in the range of $1.557 billion to $1.591 billion, up from the range of $1.547 billion to $1.581 billion. We now expect adjusted EBITDA to be in the range of $423 million to $438 million, up from the range of $418 million to $433 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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