NASDAQ$ACIW

ACI Worldwide Inc. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

ACI Worldwide's Q3 2022 financial results were reported.

ACI Worldwide reported Q3 2022 revenue of $307 million, a 1% increase adjusted for FX and divestiture. Net income was $23 million, and new ARR bookings increased by 35%. The company reaffirmed its full-year 2022 revenue guidance on a constant currency basis.

  • Revenue was $307 million, up 1% adjusted for FX and Corporate Online Banking divestiture.
  • Net income reached $23 million.
  • New ARR bookings increased by 35% compared to Q3 2021.
  • Full-year 2022 revenue guidance was reaffirmed on a constant currency basis.

Headline financials

Total Revenue

$307M

Previous: $317M-3.3%
EPS (adj)

$0.11

Previous: $0.31-64.5%
Capital Expenditures

-$8.12M

Previous: -$13M+37.4%
Free Cash Flow

$15M

Previous: $796K+1783.7%
Net Income

$23.1M

Previous: $13.8M+68.0%
Operating Income

$3.49M

Previous: $28M-87.5%
Gross Profit

$135M

Previous: $158M-14.8%
Cash & Equivalents

$135M

Previous: $141M-4.7%
Total Assets

$3.26B

Previous: $3.18B+2.5%
Stock-Based Comp

$7.13M

Previous: $6.37M+11.9%

Revenue & EPS history

ACI Worldwide · Revenue · Quarterly

$307M

Q3 2022-3.3%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

ACI is reiterating its full-year 2022 revenue guidance on a constant currency basis, expecting revenue to be in the range of $1.39 billion to $1.405 billion. Adjusted EBITDA is expected to be in the range of $365 million to $380 million.

Tailwinds

  • Reaffirming full-year 2022 revenue guidance on a constant currency basis.
  • Actions to mitigate the impact of inflationary pressures are beginning to pay off.
  • Continued strong new ARR bookings.
  • New business momentum across segments enhances confidence in accelerating growth.
  • On track to launch next-generation, real-time payments cloud platform in 2023.

Headwinds

  • Foreign exchange rates are impacting EBITDA in the near term.
  • Inflationary pressures on the interchange component of the Biller segment are impacting EBITDA in the near term.
  • Bank segment revenue declined 11%, or 4% adjusted for FX and the divestiture.
  • Merchant segment revenue decreased 9%, or 3% adjusted for FX.
  • Biller segment adjusted EBITDA was down 18%.

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 Q3 2022

Historical avgQ3 2022

+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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