ACI Worldwide Revises 2024 Revenue Guidance To $1.547B-$1.581B, Up From $1.547B-$1.576B Versus Consensus Of $1.56B
Portfolio Pulse from Benzinga Newsdesk
ACI Worldwide has updated its 2024 revenue guidance to a range of $1.547B-$1.581B, an increase from the previous range of $1.547B-$1.576B, surpassing the consensus estimate of $1.56B.
April 30, 2024 | 10:05 am
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ACI Worldwide has raised its 2024 revenue forecast, now expecting higher revenues than previously anticipated and exceeding consensus estimates.
Raising revenue guidance, especially above consensus estimates, is typically viewed positively by the market as it indicates better-than-expected future performance. This update from ACI Worldwide suggests confidence in their business outlook, which could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100