AI brief of an SEC Form 8-K · ACI Worldwide (ACIW)

ACI Worldwide raises 2024 guidance as Q2 revenue rises 16% to $373 million

Positive Impact 4 of 5 earnings Written later

ACI Worldwide reported second-quarter 2024 revenue of $373 million, up 16% from a year earlier, and net income of $31 million, compared with a net loss of $7 million in Q2 2023. The company raised its full-year 2024 revenue and adjusted EBITDA guidance and authorized a $400 million share repurchase program, which matters to shareholders because it reflects higher profitability and a larger capital return plan.

Key points

  • Q2 2024 revenue was $373 million, up 16%; net income was $31 million versus a net loss of $7 million in Q2 2023.
  • Adjusted EBITDA was $93 million, up 62%; operating cash flow was $55 million, up 215%.
  • Full-year 2024 revenue guidance raised to $1.557 billion to $1.591 billion, from $1.547 billion to $1.581 billion; adjusted EBITDA guidance raised to $423 million to $438 million, from $418 million to $433 million.
  • The board authorized a $400 million share repurchase; the company bought 1.7 million shares for about $57 million in Q2 and had about $380 million remaining at quarter end.

The filing

CompanyACI Worldwide (ACIW)
Form8-K, current report
Filed with the SECAug 1, 2024, 9:14 AM ET
Accession number0000935036-24-000032

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.