ELKHORN, Neb. (AP) — ELKHORN, Neb. (AP) — ACI Worldwide Inc. (ACIW) on Tuesday reported a loss of $7.8 million in its first quarter.
On a per-share basis, the Elkhorn, Nebraska-based company said it had a loss of 7 cents. Earnings, adjusted for amortization costs and stock option expense, were 10 cents per share.
The maker of software for electronic payments posted revenue of $316 million in the period.
For the current quarter ending in June, ACI Worldwide said it expects revenue in the range of $345 million to $355 million.
The company expects full-year revenue in the range of $1.55 billion to $1.58 billion.
ACI Worldwide shares have risen 8% since the beginning of the year. The stock has increased 34% in the last 12 months.
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