ACI Worldwide: Q2 Earnings Snapshot

Associated Press Finance
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CORAL GABLES, Fla. (AP) — CORAL GABLES, Fla. (AP) — ACI Worldwide Inc. (ACIW) on Thursday reported a second-quarter loss of $6.7 million, after reporting a profit in the same period a year earlier.

The Coral Gables, Florida-based company said it had a loss of 6 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to 15 cents per share.

The maker of software for electronic payments posted revenue of $323.3 million in the period.

For the current quarter ending in September, ACI Worldwide said it expects revenue in the range of $335 million to $345 million.

The company expects full-year revenue in the range of $1.44 billion to $1.47 billion.

ACI Worldwide shares have dropped nearly 2% since the beginning of the year. The stock has decreased 20% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACIW at https://www.zacks.com/ap/ACIW

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