Why ACI Worldwide Shares Skyrocketed

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of ACI Worldwide (Nasdaq: ACIW  ) have skyrocketed today by as much as 17% after the company reported earnings and reaffirmed guidance.

So what: Revenue in the quarter totaled $155.1 million, an increase of 38% over last year, although more than all of this gain was attributed to the acquisition of S1. Earnings per share was $0.29, which was slightly worse than the $0.31 per share profit that the Street was targeting.

Now what: The company reaffirmed full-year guidance, expecting adjusted revenue to be in the range of $706 million to $716 million, and adjusted EBITDA of $188 million to $193 million. On a GAAP basis, 2012 should see sales of $683 million to $693 million. During the quarter, ACI also completed its acquisition of Distra, which will provide additional cross-selling opportunities.

Interested in more info on ACI Worldwide? Add it to your watchlist by clicking here.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2105361, ~/Articles/ArticleHandler.aspx, 10/22/2016 12:13:05 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 14 hours ago Sponsored by:
DOW 18,145.71 -16.64 -0.09%
S&P 500 2,141.16 -0.18 -0.01%
NASD 5,257.40 15.57 0.30%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/21/2016 4:00 PM
ACIW $19.69 Down -0.02 -0.10%
ACI Worldwide CAPS Rating: *****