
August 6, 2009


ACI Reaffirms its Annual Guidance on Sales, Revenue and Operating Income
 Operating Highlights - Achieved Operating Free Cash Flow (“OFCF”) of $13.6 million, a rise of $24.5 million over prior year
- Achieved operating expense improvement of $17.6 million or 16%
- Achieved recurring revenue growth of $1.5 million
- Repurchased 1 million shares in the quarter for approximately $15 million
- Since quarter end, renewed former large US bank PUF as standard ILF/annuity contract; in July we have achieved “go live” with two large BASE24-eps™ and three large ACI Money Transfer System™ deals in Western Europe and the US
Read the full release here |