ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2020

Source: ACI Worldwide 2020-05-07

NAPLES, FLA — May 7, 2020 — ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment solutions and software, today announced financial results for the quarter ended March 31, 2020.

Q1 HIGHLIGHTS

Revenue of $291 million, up 42% from Q1 last year

Cash flow from operations of $58 million, up 36% from Q1 last year

Net loss of $24 million was consistent with Q1 last year

Recurring revenue was 84% of total revenue, up from 80% in Q1 last year

Adjusted EBITDA of $38 million with net adjusted margin increasing to 19% from 5% in Q1 last year

ACI Worldwide, Inc. Reports Financial Results for the Quarter Ended March 31, 2020

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