You may opt-out by. Who is replaced. Our pipeline is significantly better than it was 3 months ago, 6 months ago. ACI Worldwide, Inc. (NASDAQ:ACIW) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ET, Odilon Almeida - President, Chief Executive Officer, John Kraft - Head of Strategy and Finance. Who is gone. Our management team and all employees must together understand and deliver on the needs of customers in more than 200 countries and territories. This year, we are cementing our mid-single-digit organic growth and positioning the company to deliver upper single digits by 2024. Yes, this is Scott. ACI Announces Appointment of Odilon Almeida as President and Chief (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='MMERGE3';ftypes[3]='text';fnames[4]='MMERGE4';ftypes[4]='text';}(jQuery));var $mcj = jQuery.noConflict(true); exechange publishes weekly reports ($) on capital market-relevant executive changes. Please go ahead George. Who prompts. You can find out more about which cookies we are using or switch them off in settings. Who is ousted. We pay our employees in 45 different currencies. They are excited about this new technology that we are building, and that's all about the future. There are many lessons to be drawn on passion from the customers we serve global workers and small businesses moving money that moves the globe. Personal values are shaped by the influence of people around you and your own experiences those from your past and those with whom you currently collaborate. Data is a real-time snapshot *Data is delayed at least 15 minutes. Odilon Jos Almeida Profiles | Facebook That basically is like a rewrite of all the code. Who is last. They work with a generous purpose and fuel momentum for themselves and others. And we are -- our winning rate in our cloud offering today for new logos is significantly higher than our winning rate on-premise today, which also shows the trend that shows how are we investing in the future of banks and intermediaries. I have seen people struggle with reality and spend much time and effort to deny it. It helps bring them into NACHA compliance while enhancing their payment offerings. Origin: German. So I wouldn't look at anything structural with Q2 in particular. Who kicks back. Yes. We look forward to catching up in the coming weeks. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Who resigns. Would have anticipated Biller to be a little stronger with the modernized interface. And I think that's what the whole journey is about. It is making our business more predictable and our growth momentum clear. It is hard and it is a day-to-day matter. Well, thanks, everybody, for joining us today. Who will be back. All lines have been placed on a listen-only mode and the floor will be open for your questions and comments following the presentation. I would -- if you look at it, it's a pretty wide range on revenue and in particular on EBITDA. As President and Chief Executive Officer at ACI WORLDWIDE INC, Odilon Almeida made $8,768,059 in total compensation. We expect 2022 to be an inflection point for ACI. Real-time payments had over 60% revenue growth in the quarter, and our fraud detection product was in the mid-20s. Additionally, he is a former personal care director at Colgate-Palmolive and chief operating officer of Alpargatas, a Brazilian producer of footwear, apparel and sporting goods. So when we talk about ARR, we are talking about the first year expected revenue after we launch that client and we have a growth of like more than 40% this year, and we are projecting very strong growth for this year. DEMOGRAPHICS), Odilon has yet to be listed in the list thus far. Who congratulates. It hosts several series of annual events that discuss trends and opportunities in the defense, artificial intelligence, intelligence, cybersecurity and homeland security industries. Opinions expressed by Forbes Contributors are their own. Who heals. Who is family. So with international markets, global merchants around the globe -- global merchants, they are on globe, sorry, all merchants, international markets and you have the next generation of payments. And thanks for that. So it is performing as expected. Merchant segment revenue increased 6% or 8% on a constant currency basis, while Merchant segment adjusted EBITDA was flat or down 3% on a constant currency basis versus Q1 last year. Davidson. Who helps. ACI Worldwide, Inc. (NASDAQ:NASDAQ:ACIW) Q2 2022 Earnings Conference Call August 4, 2022 8:30 AM ETCompany RepresentativesOdilon Almeida - President, Chief Executive OfficerScott Behrens -. We ended the quarter with $115 million in cash on hand, a debt balance of $1 billion and a net debt leverage ratio of 2.4x, which is just under our 2.5x target. Almeida had served as the companys president and CEO since March 2020, his biography on ACIs website notes. Secure and increase the performance of your investments with our team of experts at your side. Have a great day. We repurchased 1.1 million shares during the quarter for $38 million and have $178 million remaining on our current repurchase authorization as of the end of March. But as Odilon Almeida, global chief executive officer at ACI. Our year-to-date results demonstrate the predictability, resilience and growth momentum of ACI Worldwide. Who goes ahead. This is the bulk of it is all about next year. Western Unions culture is shaped by five behaviors that guide our actions: Inspired, Connected, Driven, Game Changer and Responsible. View Odilon Almeida results in Florida (FL) including current phone number, address, relatives, background check report, and property record with Whitepages. Who presides. , The free newsletter covering the top industry headlines, Getnet Mexico and Pacto Launch Integrated Restaurant Software and Payments Solution Nationwide, Microsoft Executive to Provide AI Insights for Innovative Payments Conference Attendees, By signing up to receive our newsletter, you agree to our, Payments company ACI Worldwide has fired its CEO, Odilon Almeida, the company disclosed in a regulatory filing Tuesday. These names tend to be more frequently used than Odilon. Odilon Almeida Net Worth (2023) | wallmine We continue to execute on the rigorous and disciplined management processes implemented in the last 2 years. Who is up. So you buried the lead again. From March 2020 to November 2022, Mr. Almeida was the as President and Chief Executive Officer, of ACI Worldwide Inc, and served as a member of the Companys Board of Directors. . Please enable Strictly Necessary Cookies first so that we can save your preferences! Who is sorry. Who is hero. When we went out of our Q4 earnings, we said we are continuing to see that here in the first half of this year. Leadership is all about personal values. He leads a company that helps businesses in the airline, gaming, digital entertainment, retail, restaurant and travel industries provide more flexible payment options to their customers. [Operator Instructions] Please note that today's conference is being recorded. I think all the input -- all the focus on the international areas are paying back. Our decision to change directions should depend on our core beliefs and not on the way the current wind is blowing. Dated: 22-Jul-16 Parties: (1) Executive Interviews Ltd of Unit 8 Whittle Court, Davy Avenue, Knowlhill, Milton Keynes, MK58FT, UK ("EI"); and So I'm very confident about the pipeline of Billers, I'm very confident about the signing of Billers this year. Teresinhawas born on July 14 1949, in Rio de Janeiro. Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. So real-time up 60%. He has been a Board Member of Millicom International (NASDAQ US:TIGO; NASDAQ Stockholm: TIGO_SDB) and Chairman of its Compliance. Working to achieve this requires commitment, resilience and a sense of urgency, and as a truly global company our employees bring this to the fore every day based not only on their own diversity and passion for what they do, but that also of our customers., 4. Who is left. Who stumbles. Will frictionless checkout ever take off in retail. ACI Worldwide Names Thomas Warsop Interim Chief Executive Officer Previously served in management roles of increasing responsibility at BankBoston (now Bank of America), The Coca-Cola Company and Colgate-Palmolive, working in United States, Canada, Brazil and Mexico. Once again, we delivered results within our guidance and above consensus. ACI said: Thomas Warsop, formerly the non-executive Chair of the ACI Board of Directors, has been appointed Interim Chief Executive Officer, effective immediately. Odilon - Name Meaning, What does Odilon mean? 1. When you talk about Merchants, that's the same case. And I think that's what you're seeing quarter after quarter. As President for the Americas and European Union Region, Odilon Almeida is responsible for He managed WUs global consumer business and its money transfer and bill payment omni-channel business in 98 countries across North America, Europe, Latin America and the Caribbean. We bought 2 million shares through June 30 and have $154 million remaining on our share repurchase authorization. In a recent interview, Odilon Almeida shared his perspective on the six characteristics that define this immigrant mentality and how they influence his leadership role to this day. In summary, we delivered another strong quarter in line with guidance and consensus. Thank you for the question, Joe. BSkyB REPRINT LICENCE. Scott? H is employment was "terminated as President & CEO of the Company," according to an ACI filing with the Securities and Exchange Commission. I can tell you that our pipeline today for banks and intermediaries is significant, significant. We tend to focus on the result to be delivered, on the matter to be solved, and not on the individual who will make it happen. Deutsche Payment secure e-commerce, an established provider of innovative e-commerce payment solutions will use the ACI Secure eCommerce solution. He also has driven consistently successful short- and medium-term turnarounds to restore growth while improving both operating discipline and execution across markets in the U.S., Europe, Middle East, Africa, Latin America and the Caribbean. Billers was down year-over-year. Altimeter Capital CEO Brad Gerstner on the A.I. I wouldn't say we have any particular update. Omans Central Bank will use ACIs real-time central infrastructure software to drive immediate payments as the country modernized towards a cashless society. Who is at C-level. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. So that's kind of why we put that range in there. In terms of capital allocation, we continue to expect to use approximately 50% of our cash flow for share repurchases for the remainder of the year. Who is vested. Who is missed. Who decides. Who is refunded. Mr. Almeida is fluent in English, Spanish and Portuguese. We are winning all around the globe, sometimes with the local hub, sometimes with the connections of the banks to the local hub. Odilon Almeida is the president, chief executive officer and a member of the board of ACI Worldwide, a provider of real-time electronic payment and banking solutions. Prior to joining ACI Worldwide in March 2020, Almeida had a brief stint as an operating partner at private equity firm Advent International, according to his LinkedIn profile. So I think the investment for growth in real-time payments is showing, you can see the above 60% growth this quarter. A company spokesperson declined further comment. Llopis: Success comes most to those surrounded by people who want their success to continue. And a lot of that license, you would drop to EBITDA as well. All right. We recently launched ACI Smart Engage, a mobile engagement platform. Great. Who is shamed. For example, 30 percent of our consumer to consumer transfers fund education. Whos old. EBITDA growth of 50% or 49% on a constant currency basis and new ARR bookings growth of 117% compared to the first quarter of 2021. So it is like the last technology that will be available, which will give our clients much more speed to go to the market, much easier to make changes to adapt the product and so forth. And I would really emphasize the other pillar of growth. There are 1 older and 7 younger executives at ACI Worldwide Inc. Our new ARR bookings growth was 3% compared to the second quarter of 2021 and ARR year-to-date is up 43%. Sign Up. You can find the full text of both statements on the first and final pages of our presentation deck, a copy of which is available on our website and with the SEC. Japan Card Network, Japans Central domestic payments network has selected ACI as its digital platform partner to modernize its payment infrastructure. This concludes todays conference. Who is welcomed. Banks obviously drove the results. Adjusted EBITDA for the quarter was $68 million, up 50% or 49% on a constant currency basis from Q1 2021. Scott Behrens - CFO . Who is a bigwig. Who resigns. You may continue. It also reinforces the mission critical role of our software and technology in leading the future of real-time payments worldwide. Turning to our segment results. People named Odilon Almeida Da Silva. We are pleased to deliver another quarter of results in line with guidance and consensus. See Photos. Who has headwind. It proves that our three-pillar strategy: fit for growth, focus on growth and step change value creation is working, and that our continued focus and disciplined execution of this strategy is gaining traction. What we are building in the cloud with Azure now, we are going to have the minimal viable product for the United States by the beginning of next year, and this is going quite well. But in parallel, we have all the modernization of our offering, where we are building this next generation of payments, cloud native, that is -- that we're going to have like the minimum viable product already in the beginning of next year. Biller's segment revenue was flat with last year on a reported and a constant currency basis, and the Biller segment adjusted EBITDA decreased 23% and or 22% on a constant currency basis versus Q1 2021. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Most recently he bought 15,352 units of ACIW stock worth $500,322 on 8 November 2021. Embrace your Cultural And then anything changing? We will cement the foundation for accelerating growth towards the range of 7% to 9% by 2024 with gradual margin improvement. Who tumbles. There are no other questions at this time. (TOP BABY NAMES, 2018). Odilon Almeida - Fintech Finance Odilon Almeida. Works at Associao I Capoeira. So real-time, very strong, just really broad-based in the bank's strength in the first quarter. About us Who goes behind. Who is confident. Is this happening to you frequently? Your next question comes from Peter Heckmann from D.A. We all can learn to realize these six characteristics by embracing the immigrant mentality that accounts for 40% of Fortune 500 companies, which were founded by immigrants or their children. 1. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. In a recent interview, Odilon Almeida shared his perspective on the six characteristics that define this immigrant mentality - and how they influence his leadership role to this day. However in my view, impossible is not an absolute, and situations often require more time and a lot of resilience. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Thank you, Scott. Want to share a company announcement with your peers? The steady cadence of significant business wins validates our three pillar strategy. Who fights for money. First quarter revenue totaled $323 million, up 13% or 14% on a constant currency basis from Q1 last year. or. Please. For him, it's integrity, accountability, diversity, and respect. Please disable your ad-blocker and refresh. Odilon is a given name of French origin. Whos obsolete. Copyright 2023 Surperformance. The margin range is a little bit lower than what I would have expected. Log In. Who is a big wheel. These results underscore the predictability, resilience and momentum of our growth. Who has a say. I know you guys touched on it earlier in the call, but I just wanted to ask about the M&A pipeline. Who says what. Who has the last word. This is a number of quarters in a row, very good to see, but certainly, the last 2 quarters have just been very, very strong from a software license fee perspective. Who is in quest. As the U.S. makes a move to encourage use of real-time payments, its following other nations in adopting the real-time advance. This year, as we said last time, we are projecting around mid-digit growth. Yes George, just to complement, I think its important to reinforce our very strong ARR growth. 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And I think if you look at the performance last year, you can see that as an improvement, and I would expect and that we are well positioned this year to continue to get closer to the double-digit growth. We reported organic growth of 13% or 14% on a constant currency basis, and EBITDA growth of 10% or 11% on a constant currency basis. Now, let me turn to some latest trends and wins. Almeida left the company after less than three years at the helm, having joined in March 2020. Our 3-pillar strategy is working. Just for my benefit and those on the call, when do we start to get revenues in from those new opportunities? Live from London,. Putting the customer first, an interview Odilon Almeida On today's call, we will discuss the company's first quarter 2022 results and our financial outlook for the rest of the year.