NASDAQ$ACIW

ACI Worldwide Inc. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

ACI Worldwide's Q1 2024 financial results were reported, showing revenue increase and improved profitability.

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.

Headline financials

Total Revenue

$316M

Previous: $290M+9.1%
EPS

-$0.07

Previous: -$0.07+0.0%
Recurring Revenue

$264M

No prior period
Operating Cash Flow

$123M

No prior period
Adjusted EBITDA

$48.1M

No prior period
Net Adjusted EBITDA Margin

24.0%

No prior period
ARR Bookings

$6.4M

Previous: $11.4M-43.9%
License & Services Bookings

$27.2M

No prior period
Capital Expenditures

-$3.21M

Previous: -$2.26M-42.1%
Free Cash Flow

-$11M

Previous: -$34.6M+68.3%
Net Income

-$7.75M

Previous: -$32.3M+76.0%
Operating Income

$9.56M

Previous: -$24.4M+139.3%
Gross Profit

$125M

Previous: $111M+12.4%
Cash & Equivalents

$183M

Previous: $142M+28.8%
Total Assets

$3.3B

Previous: $3.01B+9.8%
R&D Expense

$35M

No prior period
Stock-Based Comp

$8.1M

Previous: $5.3M+52.8%

Revenue & EPS history

ACI Worldwide · Revenue · Quarterly

$316M

Q1 2024+9.1%vs Q1 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+1.5%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.0%

Avg return

30 days after

56%

38 / 68 earnings

Positive

+19.0%

Q3 2023

Best reaction

-16.3%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+7.7%-2.6%-1.1%
Q4 2025-4.2%-0.2%-3.9%
Q3 2025+4.7%-0.5%-4.8%
Q1 2025-11.8%-10.4%-13.8%
Q4 2024+7.7%+6.2%+7.3%
Q3 2024+6.6%+4.3%+2.6%
Q2 2024+3.8%+5.9%+16.5%
Q1 2024+3.8%+6.1%+5.4%
Q4 2023+3.7%+0.4%+7.2%
Q3 2023+19.0%+21.5%+35.5%
Q2 2023+5.6%+5.0%+8.9%
Q1 2023-1.1%-2.7%-3.8%
Q4 2022+0.6%-0.7%+4.4%
Q3 2022-16.3%-14.8%-11.9%
Q2 2022-8.2%-9.3%-20.5%
Q1 2022-5.4%-9.2%-3.3%
Q4 2021+5.0%-3.0%-0.3%
Q3 2021+4.7%+9.5%-3.8%
Q2 2021-0.4%-2.2%+2.2%
Q1 2021+3.1%+5.7%+5.3%
Q4 2020-7.7%-7.1%-7.8%
Q3 2020+7.4%+10.4%+26.1%
Q2 2020+7.3%+8.1%+2.4%
Q1 2020+2.6%-6.3%+10.1%
Q4 2019-6.5%-3.7%-22.2%
Q3 2019+8.8%+6.8%+15.1%
Q2 2019-3.3%-3.7%+2.8%
Q1 2019-4.1%-8.0%-5.2%
Q4 2018+6.1%+5.6%+5.4%
Q3 2018+15.8%+10.7%+4.4%
Q2 2018+2.0%+3.7%+7.4%
Q1 2018-5.6%-5.6%+5.6%
Q4 2017+9.9%+7.0%+6.5%
Q3 2017-1.1%-4.4%-3.7%
Q2 2017-4.3%-3.9%-8.8%
Q1 2017+10.8%+10.4%+9.0%
Q4 2016+11.7%+10.5%+8.5%
Q3 2016-6.1%-5.0%-0.9%
Q2 2016+0.9%-3.3%-4.4%
Q1 2016+0.4%
Q4 2015-0.2%
Q3 2015+0.0%
Q2 2015+5.6%
Q1 2015+4.2%
Q4 2014-2.9%
Q3 2014-0.2%
Q2 2014+1.6%
Q1 2014-2.1%
Q4 2013+3.5%
Q3 2013+13.0%
Q2 2013-1.7%
Q1 2013-0.8%
Q4 2012-2.4%
Q3 2012+11.8%
Q2 2012-0.0%
Q1 2012-3.1%
Q4 2011+8.0%
Q3 2011-1.4%
Q2 2011-3.9%
Q1 2010-0.5%
Q1 2011+0.0%
Q4 2008-2.2%
Q4 2010-2.2%
Q3 2010+2.5%
Q3 2009+2.5%
Q2 2010+0.3%
Q2 2009+0.3%
Q4 2009+0.3%

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