https://assets.capyfin.com/instruments/678fdc13234e27009c5d5ee9.png avatar
ACI Worldwide
🇺🇸 NASDAQ:ACIW
View Company
OverviewEarningsDividends
•
Sep 30, 2021

ACI Worldwide Q3 2021 Earnings Report

ACI Worldwide reported a solid third quarter, delivering financial results within its guidance range. The company streamlined its organization, sharpened its go-to-market strategy, and focused on customer satisfaction, leading to positive results. ACI increased its full-year guidance and expects to achieve the Rule of 40 this year.

Key Takeaways

ACI Worldwide reported Q3 2021 revenue of $317 million. Net new ARR was up 50% versus Q3 2020. The company is raising full year 2021 guidance.

ACI delivered a solid third quarter, continuing a string of quarterly financial results within our guidance range.

Net new ARR bookings were up 50% from the third quarter last year, with wins recorded in all three business segments across multiple geographies.

Recurring revenue was $245 million, up 1% from Q3 2020.

Total revenue in the quarter was $317 million, up slightly from Q3 2020.

Total Revenue
$317M
Previous year: $316M
+0.3%
EPS
$0.31
Previous year: $0.39
-20.5%
Gross Profit
$158M
Previous year: $157M
+0.6%
Cash and Equivalents
$141M
Previous year: $134M
+5.7%
Free Cash Flow
$34.8M
Previous year: $63.1M
-44.8%
Total Assets
$3.18B
Previous year: $3.13B
+1.7%

ACI Worldwide

ACI Worldwide

ACI Worldwide Revenue by Segment

Forward Guidance

ACI now expects revenue to be in a range of $1.355 billion to $1.360 billion, up from a range of $1.335 billion to $1.345 billion. The company expects adjusted EBITDA to be in the range of $380 million to $385 million, which is at the higher end of the previous guidance range.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View ACI Worldwide