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Stock impact report

ACI Worldwide, Inc. Announces Preliminary First Quarter 2020 Financial Results

ACI Worldwide, Inc. (ACIW) 
Last aci worldwide, inc. earnings: 8/8 06:00 am Check Earnings Report
Company Research Source: Business Wire
First Quarter Conference Call Scheduled for May 7, 2020 at 8:30 am EDT NAPLES, Fla.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment software and solutions, today announced preliminary unaudited financial results for the quarter ended March 31, 2020.Based on preliminary information available at this time, for the quarter ended March 31, 2020, we currently expect revenue to be in excess of $290 million, which is in the range of our guidance of between $285 million and $295 million.“I am pleased to announce preliminary Q1 results with revenue in the upper half of our guidance range. While COVID-19 presents challenges and uncertainty, digital payments are more critical than ever, and we are fortunate to have a resilient business model with a large contractual backlog, substantial recurring revenue, a very stable customer base, a strong presence in eCommerce payments and ample liquidity,” said Odilon Almeida, President and CEO of ACI. “Our Show less Read more
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