ACI Worldwide Inc (ACIW) Releases Earnings Results, Beats Expectations By $0.04 EPS

ACI Worldwide Inc (ACIW) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $-0.01 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $-0.05. The company posted revenue of $226.10 million in the period, compared to analysts expectations of $216.95 million. The company’s revenue was down -2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.

ACI Worldwide Inc closed down -0.38 points or -1.89% at $19.68 with 4,00,253 shares getting traded on Wednesday. Post opening the session at $20, the shares hit an intraday low of $19.64 and an intraday high of $20.035 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 17, 2016, Carolyn B Homberger (Group President AOD) sold 9,000 shares at $20.13 per share price. According to the SEC, on Dec 16, 2015, Adalio T Sanchez (director) purchased 2,300 shares at $0.00 per share price. On Aug 27, 2015, Thomas W Iii Warsop (director) purchased 5,000 shares at $0.00 per share price, according to the Form-4 filing with the securities and exchange commission.

ACI Worldwide Inc. develops markets installs and supports a line of software products and services primarily focused on facilitating electronic payments. The Company’s suite of software products and hosted services deliver a range of solutions for payments processing card and merchant management electronic bill presentment and payment (EBPP) online banking mobile branch and voice banking fraud detection and trade finance. The Company’s services include implementation services product support services technical services education services testing services expert services consultancy and facilities management services. It offers various solutions including its retail and wholesale payment engines risk management biller retailers and online banking products. It caters to financial institutions including global national regional and community banks and credit unions; processors; retailers and billers.

ACI Worldwide Inc

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