Full-year revenue outlook was raised to $1.895 billion-$1.925 billion; adjusted EBITDA forecast increased to $545 million-$560 million.
Quarterly results
ACI Worldwide posted Q2 revenue of $430 million, up 7% from a year earlier; GAAP diluted EPS rose to $0.31.
GAAP net income more than doubled to $32 million; adjusted EBITDA increased 12% to $91 million.
Payment Software revenue climbed 9% to $196 million, while Biller revenue increased 5% to $234 million; Biller revenue net of interchange fees fell 3% to $68 million.
Net new ARR bookings dropped 25% to $18 million, as Biller strength was offset by timing of expected Payment Software contracts.
ACIW•
