Payments technology firm ACI Worldwide, Inc. (ACIW) reported Thursday that net income for the fourth quarter decreased to $64.34 million or $0.62 per share from $98.56 million or $0.93 per share in the prior-year quarter.
Excluding items, adjusted net income for the quarter were $0.90 per share, compared to $1.08 per share in the year-ago quarter.
Total revenues for the quarter increased to $481.60 million from $453.04 million in the same quarter last year.
Looking ahead, the company now projects revenues between $405 million and $415 million for the first quarter and between $1.88 billion and $1.91 billion for the full-year 2026.
ACIW closed Wednesday's regular trading session on the Nasdaq at $41.48, up $2.40 or 6.14 percent.
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