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ACI Worldwide ( (ACIW) ) has issued an update.
ACI Worldwide reported a robust financial performance for Q3 2024, with revenue surging by 24% and net income soaring by 115% compared to the previous year. The company, known for its innovation in global payments technology, also saw significant growth in adjusted EBITDA and cash flow from operating activities. ACI’s strategic focus on early contract renewals and strong pipelines has enabled them to raise their full-year financial guidance. With a solid cash position and reduced net debt leverage, ACI is well-positioned for continued growth and value delivery to shareholders.
For a thorough assessment of ACIW stock, go to TipRanks’ Stock Analysis page.
