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Dec 31, 2019
ACI Worldwide Q4 2019 Earnings Report
ACI Worldwide's Q4 2019 financial performance was reported.
Key Takeaways
ACI Worldwide reported Q4 2019 results, with revenue at $399.92 million and net income at $55.486 million. The full year revenue was $1.26 billion, up 25% from 2018. The company is looking forward to 2020 with strong pipeline and solid growth expectations.
Revenue increased by 25% compared to 2018.
Recurring revenue grew to 71% of total revenue from 65% in 2018.
Net income reached $67 million for the full year.
Adjusted EBITDA increased by 23% from 2018.
Forward Guidance
For 2020, ACI Worldwide expects total revenue to be between $1.48 billion and $1.51 billion, representing approximately 18% to 20% growth over 2019. Adjusted EBITDA is expected to be in the range of $425 million to $445 million, which represents approximately 38% to 45% growth over 2019. Q1 2020 revenue is expected to be between $285 million and $295 million.
Positive Outlook
- Total revenue expected to be between $1.48 billion and $1.51 billion
- Represents approximately 18% to 20% growth over 2019
- Adjusted EBITDA expected to be in the range of $425 million to $445 million
- Represents approximately 38% to 45% growth over 2019
- Q1 2020 revenue is expected to be between $285 million and $295 million
Challenges Ahead
- Excludes between $5 million and $10 million in significant transaction-related expenses
- Excludes $10 million of one-time charges to implement cost reduction strategies
- Forward-looking statements are subject to risks and uncertainties
Historical Earnings Impact
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Avg. Return Before/After Earnings
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