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Provider: Thomson Reuters Stock Report
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ACI Worldwide Inc Raises FY 2013 Guidance


Thursday, 7 Nov 2013 06:00am EST 

ACI Worldwide Inc announced that it is updating its fiscal 2013 financial expectations given the acquisition of Official Payments, which closed November 5, 2013. The Company expect Official Payments to contribute approximately $18 to $20 million in non-GAAP revenue and $1 million in adjusted EBITDA. The Company's new fiscal 2013 guidance ranges include non-GAAP revenue of $883-$905 million, non-GAAP operating income (EBIT) of $165-$175 million, and its adjusted EBITDA range is $257-$267 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $871 million, EBIT of $148 million and EBITDA of $243 million for fiscal 2013. 

Company Quote

19.05
-0.18 -0.94%
3:59pm EDT