ACI Worldwide: Q1 Earnings Insights

ACI Worldwide (NASDAQ:ACIW) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM. Here’s what…

ACI Worldwide (NASDAQ:ACIW) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

ACI Worldwide beat estimated earnings by 65.0%, reporting an EPS of $-0.07 versus an estimate of $-0.2.

Revenue was down $33.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 0.78% increase in the share price the next day.

Here’s a look at ACI Worldwide’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.91 0.07 0.12 0.14
EPS Actual 1 0.11 0.29 0.28
Revenue Estimate 426.81M 315.49M 330.08M 314.85M
Revenue Actual 451.81M 306.59M 340.43M 323.08M

To track all earnings releases for ACI Worldwide visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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