I'd say that we really saw a lot of -- there was pent-up demand, if you look at -- in particular, on the bank side on license in the early part of last year that really picked up in the second half. Thank you, Scott. Who is honored. 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. The name refers to: Odilo of Cluny, sometimes referred to as St. Odilon; Odilon Barrot (1791-1873), French politician; Odilon Lannelongue (1840-1911), French physician and surgeon; Odilon Polleunis (b. We continue to cement our annual mid-single digit organic revenue growth, while positioning the company to grow by 7% to 9% by 2024. I guess I looked at your guidance and assumed that to get to those numbers, licenses would have to have another good quarter, maybe up 50% year-over-year. Who is bad. People named Odilon Almeida Da Silva. [Operator Instructions] And we do not have any questions at this time oh! This is a BETA experience. We want to hear from you. Who contributes. 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. Who is a friend. Who is silent. The margin range is a little bit lower than what I would have expected. For Q2 2022, we expect revenue to be in a range of $325 million to $345 million, and adjusted EBITDA to be in a range of $55 million to $75 million. Through this I learned to focus on outcomes and not dwell on how to get there. Who is confidant. Popularity: 10337. Nice results. We are reiterating our full year guidance. Severance Agreement between ACI Worldwide, Inc. and Odilon Almeida Japan Card Network, Japans Central domestic payments network has selected ACI as its digital platform partner to modernize its payment infrastructure. Who is a big wheel. I wanted to follow up a little bit on your second quarter guide. With that, I will pass it back to Odilon for some closing comments. They share their successes instantly across the remotest parts of the world, driving enormous change instantly. The Middle East is taking strides towards real-time payments as national governments prioritize infrastructure modernization. VP & Chief Revenue Officer. It is now my pleasure to turn the call over to Mr. John Kraft, Senior Vice President of Strategy and Finance. Yes George, just to complement, I think its important to reinforce our very strong ARR growth. Thank you for the question, Joe. Trusted information source for millions of people worldwide . Who obeys. Adjusted EBITDA for the quarter was $68 million, up 50% or 49% on a constant currency basis from Q1 2021. I thank our ACI employees for their dedication and our partners and customers for their trust. You may continue. When you go to Billers. On this mornings call is Odilon Almeida, our President and CEO; and Scott Behrens, our CFO. We see our international business growing much faster than our business in United States and in Europe at this point, and that should continue going forward. So it is performing as expected. We will cement the foundation for accelerating growth towards the range of 7% to 9% by 2024 with gradual margin improvement. Odilon? Who is welcomed. And as a follow-up, I wanted to get some color on a high level on what youre seeing in terms of bank spending and how much of a priority payments is given the current macro backdrop, and what youre hearing from your conversations with your bank clients? Who means well. 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Thank you, and good morning, everyone. Who serves. ACI Worldwide, Inc. (ACIW) CEO Odilon Almeida on Q3 2021 Results - Earnings Call Transcript Nov. 06, 2021 3:59 PM ET ACI Worldwide, Inc. (ACIW) SA Transcripts 128.49K Follower s Q3:. 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 -. Who is a bigwig. You can see the complete history of Mr Almeida stock trades at the bottom of the page. That really gets into kind of the mix of what license deals get done before the end of the quarter and which ones don't. I have seen people struggle with reality and spend much time and effort to deny it. The slides that accompany this call and webcast can be found at aciworldwide.com, under the Investor Relations tab, and will remain available after the call. Welcome to the ACI Q1 earnings announcement call. These names tend to be more frequently used than Odilon. Famous bearers include 19th century French prime minister Odilon Barrot and symbolist painter and printmaker Odilon (born Bertrand . Our Boots on the Ground approach continues to deliver significant wins across international markets. Our real-time payment solutions continue to make headway across the globe, just as our Merchants omni-commerce solution enters new markets and expands with innovative offerings. That is the combination of the market reacting, but it's also the combination of our international expansion of Merchants. Llopis: Because 21st century leaders can see opportunity in everything, it gives them wide-angle, circular vision to anticipate crisis and manage change before circumstances force their hand. Odilon Almeida, president and CEO of payments software company ACI Worldwide, says there is no sign of the Covid-19 crisis impacting real-time digital payments this year or moving forward. No, nothing in particular. 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. And remember, under the new rules, if you have an example -- for an example, renewal, you can't recognize that until the start of the new term. And thanks for that. And net new ARR bookings in Q1 were $21 million, more than double what we signed in Q1 last year. Who sees red. You may now disconnect. So very, very positive about the trends with banks. At this time, it is my pleasure to turn the floor over to your host, John Kraft, Head of Strategy and Finance. It helps bring them into NACHA compliance while enhancing their payment offerings. Who repeats. Employ your Circular Vision (Anticipate the Unexpected). This greater purpose is important immaterial of rank and file. Billers was down year-over-year. Deutsche Payment secure e-commerce, an established provider of innovative e-commerce payment solutions will use the ACI Secure eCommerce solution. Who is selected. We continue to execute on the rigorous and disciplined management processes implemented in the last 2 years. Mr Almeida is 60, he's been the Pres and CEO & Director of ACI Worldwide Inc since . Odilon Almeida - Biography With that, Id like to turn the call over to Odilon. I would -- if you look at it, it's a pretty wide range on revenue and in particular on EBITDA. Scott Behrens - CFO . ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war), ALTERNATIVE FORMS VIA ODILO Odile, Odilio, Otildo, Odilon is an uncommonly occurring given name for men. The executive spent much of his career working at Western Union. Who is first. I have learned their motivations are driven by a greater purpose: to excel not only for themselves, but for their families and loved ones. Who is shamed. We do have questions coming in, okay. Who is at C-level. Our new ARR bookings growth was 3% compared to the second quarter of 2021 and ARR year-to-date is up 43%. I think we look at the Merchant business and we had a very strong quarter in recurring revenue last year that was the recovery of the pandemic, and there is the anniversary of that, but I can tell you that we are still estimating a very strong year for merchants in the year to go. ACI will undertake a search for a successor. Who says what. Odilon Almeida - Fintech Finance Got it. Thank you. Who is confident. Menu Log In Sign Up We will take your questions at the end. Odilonpassed away of cause of deathon month day1990, at age 45 at death place. I appreciate the color. You can find out more about which cookies we are using or switch them off in settings. Now, let me turn to some latest trends and wins. I can tell you that the payments infrastructure continued to be mission critical for the banks and there is a revolution coming right, real-time payments, and they understand that, and they understand that they need to modernize that part and that part is again, the center of the systems of banks. Odilonmarried Teresinha de Oliveira Lima (born Oliveira). 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. Mr. Almeida is fluent in English, Spanish and Portuguese. I wouldn't say we have any particular update. We recorded organic revenue growth of 13% or 14% on a constant currency basis. Our management team and all employees must together understand and deliver on the needs of customers in more than 200 countries and territories. My personal portfolio focuses on the Americas and European Union, accounting for approximately 60 percent of global revenues. I think that is really the change that we're seeing in the company related to the culture of accountability and the culture of operational discipline. Sign Up. Please disable your ad-blocker and refresh. Odilon is an alternate spelling of Odilo (Old German): from the root name Otthild. Odilon is pronounced similarly to Edelin. Scott? Odilon - Baby Name Meaning, Origin, and Popularity | Nameberry Coming from a culture that is family-oriented, I draw inspiration from my parents. Data is a real-time snapshot *Data is delayed at least 15 minutes. Who gives up. Odilon Almeida See Photos I'm pastor of biblical shcool New Time at Missao Oeste Do Par Lives in Manaus, Brazil Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Odilon Almeida See Photos Lives in Guarulhos Odilon Almeida See Photos Lives in Maring Odilon Almeida See Photos Odilon Almeida 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. With that, I'd like to turn the call over to Odilon. We have a very strong pipeline in Billers. You're seeing us predicting numbers coming within the range above consensus after 8 quarters doing the same thing and accelerating growth. The estimated Net Worth of Odilon Almeida is at least $8.5 Million dollars as of 8 November 2021. 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. or. Who is sad. Who is fired. This is the bulk of it is all about next year. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Western Unions culture is shaped by five behaviors that guide our actions: Inspired, Connected, Driven, Game Changer and Responsible. Almeida previously had a lengthy career spanning 17 years at Western Union. As a follow-up, I know, Scott, you give real-time numbers in your Q, but we haven't seen that yet. POC, owned and operated by Executive Mosaic, regularly reports news on the government contracting industry and the many types of companies involved in it. Who is minor. Thomas Warsop, previously the chairman of the companys board of directors, has been named interim CEO effectively immediately. Meaning: prosperous in battle. Who is praised. As ACI advances its vision to lead the real-time payments revolution, the Board determined that now is the right time to transition to a new leader focused on accelerating our technology transformation and delivering operational excellence across our business, Harman said in the release. On average, Mr trades about 6,419 units every 78 days since 2014. Who presides. We ended the quarter with $119 million in cash-on-hand, a debt balance of $1.1 billion and a net debt leverage ratio of 2.4x, which is just below our 2.5x target. odilon almeida was born on month day 1942, to nestor almeida and maria vieira ramos almeida (born borges . Sesselja Ingibjrg Bardal Reynisdottir - General Manager - Eimur I have worked in both developing and emerging countries. Jose Odilon Almeida (Odilon) See Photos. Odilon Almeida. Please go ahead George. Important URLs: Who distributes. September 28, 2022. Can you just give us an update on the real-time piece of the business? Who steps up. Odilon Almeida in FL - Address & Phone Number | Whitepages Sign up for free newsletters and get more CNBC delivered to your inbox. And there is no further questions at this time. We are reiterating our full year guidance and expect revenue growth to be in the mid-single digits on a constant currency basis. Reyndur stjrnandi og frumkvull sem brennur fyrir v a skapa leiandi samflag nskpunar og frumkvlastarfs Norurlandi. We continue to cement our mid-single digit organic growth, while positioning the company to grow by 7% to 9% by 2024. ACI Worldwide, Inc. (NASDAQ:ACIW) Q1 2022 Results Conference Call May 5, 2022 8:30 AM ETCompany Participants. Banks obviously drove the results. A Division of NBCUniversal. And a lot of that license, you would drop to EBITDA as well. Keep your Immigrant Perspective (See Opportunity in Everything) If you have an ad-blocker enabled you may be blocked from proceeding. Unleash your Passionate Pursuits (Strive for Excellence). Mr. Almeida and his closely related persons hold 26,682 Millicom shares. Who is bad man. It is making our business more predictable and our growth momentum clear. See Photos. Would have anticipated Biller to be a little stronger with the modernized interface. Who designs. Who pays. Works at Associao I Capoeira. Odilon as a name for boys is of Old German origin, and the meaning of the name Odilon is "fortunate or prosperous in battle". I am also a member of the board of directors of Millicom International (NASDAQ:TIGO), a $6B international provider of cable and mobile services to 50M+ consumers in Latin America and Africa. Who fits. And when you go to Billers, I can tell you that we have never had this strong pipeline as we have today. 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. or. Get started This is actually Sam Salvas on for Mayank today. Who steps back. Our decision to change directions should depend on our core beliefs and not on the way the current wind is blowing. As announced by ACI Worldwide Inc. in a news release and in a regulatory filing published on Tuesday, November 8, 2022, Odilon Almeida leaves his post as chief executive officer at the specialist in real-time payments software, after less than three years in the role, effective immediately. So you buried the lead again. As President and Chief Executive Officer at ACI WORLDWIDE INC, Odilon Almeida made $8,768,059 in total compensation. I'm pleased with the direction and focus of the business, the execution of our strategy and our progress in driving growth and strengthening profitability. 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. I can tell you that our pipeline today for banks and intermediaries is significant, significant. The Push-out Score determined by exechange gauges the pressure surrounding Odilon Almeidas move on a scale of 0 to 10. exechange reached out to ACI and offered the company the opportunity to comment on the score. Who decides. Who quits. And again, we have nothing to announce, but there is a lot of work on that and a lot of progress. Llopis: A 21st century leader is entrepreneurial by nature, constantly building relationships, taking smart risks, learning rapidly all with the objective of making a positive impact. So I think it is more of an effort on sales effort than anything else. Keep. Continued to see that strength here in the first half of the year. John Kraft - VP, IR. Work is underway on our next-generation, real-time payments cloud platform, and we expect the release of the minimum viable product in the first quarter of 2023.We expect the divestiture of our corporate online banking solutions to close in the third quarter of 2022, and our continuous rigorous review of divestitures and acquisitions opportunities to maximize shareholder value remains unchanged. Odilon Almeida:I hail from Sao Paulo, Brazil, and live in the US. Odilon Almeida Limawas born on month day1945, at birth place. In addition, he has proven expertise leading digital transformations, aggressively growing digital revenues for global businesses, expanding digital footprints and creating omni-channel strategies. Odilon is a given name of French origin. I have learned to be nimble by exposing myself to experiences and taking advantage of opportunities as they have arisen in my career. In summary, we had a strong first quarter with results within our guidance and above consensus. Sign up and receive our free newsletter every Monday morning. Who fights for honor. We keep you up to date on the latest CEO changes. Odilon Jos De Sousa Almeida. Odilon Almeida concludes that, Its important to remember that when you get caught up in day-to-day operations, like many, we tend to focus more on repairing what is wrong than optimizing what is good and strong. For Q3 we expect revenue to be in the range of $310 million to $325 million, and adjusted EBITDA to be in a range of $50 million to $65 million. 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. It also reinforces the mission critical role of our software and technology in leading the future of real-time payments worldwide. ACI Worldwide: No sign of Covid disrupting real-time digital - CNBC And I think that's what you're seeing quarter after quarter. So for banks and intermediaries, the answer is a much more significant pipeline than 3 or 6 months ago. For example, 30 percent of our consumer to consumer transfers fund education. In addition, ACI expects to enter into a transition services agreement with Mr. Almeida covering the remainder of November 2022,, ACI Director Mary Harman, who heads up the boards. Sign Up. 1. Thanks Odilon and good morning everyone. Who goes ahead. Yes, I mean the bank strength, and we kind of said this coming out of the fourth quarter last year with strong exit to 2021. South Koreas Lotte Card Co., a leading credit card conglomerate with the largest distribution and service network nationwide, has appointed ACI to build the core foundation of its credit card business. Mr. Odilon Almeida was first elected to the Board of Millicom in May 2015. Who goes behind. ACI did not give an explicit reason for Odilon Almeidas departure from the CEO post. Live from London,. Who is family. Billers, we spent a lot of time and effort on migrating from the data center of Western Union last year. Peter, just to complement what Scott is saying is there is an important change here, which is cultural, and it's not extrinsic to -- ACI is intrinsic to ACI, which is our culture of accountability and operational discipline. Who resigns. Computer and internet geek with passion for Android | Learn more about Hilmar r H Egilson's work experience, education, connections & more by visiting their profile on LinkedIn Who stumbles. Understand, okay. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Who is big kahuna. Bigger than the pipeline that we have 2 quarters ago. Odilon Almeida, Aci Worldwide Inc: Profile and Biography That takes around six to 12 months to launch most of the time on a subscription basis, and then you have merchants, that takes around also three to six months to launch. The bank segment continues to come a little above what we expect. Explore historical records and family tree profiles about Odilon Almeida on MyHeritage, the world's family history network. These results underscore the predictability, resilience and momentum of our growth. You have India, Brazil, China, Taiwan, U.K. leading the pace. Well, thanks everybody for joining us. Who is zero. So we can see, again, the pipeline in the international markets getting stronger month after month. I mean that's an area if you look at banks, banks have pretty broad-based growth. So I think the investment for growth in real-time payments is showing, you can see the above 60% growth this quarter. Guest Contributions I'm pleased with our operational progress and our significant financial flexibility, which support short- and long-term profitable growth. Thank you. This is clearly one of the stronger results post Speedpay acquisition and I wanted to get a little color in terms of what was driving that growth perhaps from a vertical standpoint or from a geographical standpoint? It did come as a surprise, especially right after the company reported third-quarter earnings Nov. 2, he added. He was born in Brazil and he and his family live in Miami, FL. I wouldn't look at Q2 kind of stand-alone as anything. As someone who has argued for double-digit organic growth for over a decade, the fact you've done it 2 quarters in a row, I have to give you credit. ACI Worldwide : Announces Appointment of Odilon Almeida as President And where do you see the most opportunity to add to your pipe as we look at the rest of the year? In my role I dont see borders, I see opportunities. Davidson. 2023 CNBC LLC. To subscribe, click here. Mr Almeida owns over 15,352 units of ACI Worldwide Inc stock worth over $4,864,736 and over the last 9 years he sold ACIW stock worth over $2,984,293. We are expecting a good year in 2023 with the pilot. The next-gen RTP that youre talking about, can you just give us a sense of what will be enhanced when that comes out? 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Whos number 1. View the profiles of people named Odilon Almeida Almeida. Who is successor. Thank you, Scott. That's great to hear. This year, as we said last time, we are projecting around mid-digit growth. Who is an enemy. And I would really emphasize the other pillar of growth. Odilon Almeida, Aci Worldwide Inc: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Europe Bloomberg Daybreak Europe. And I have a follow-up. Yes, okay yes. Before joining ACI, he served as an operating partner at private equity firm Advent International from 2019 to 2020. Who is sorted out. About us This is Pallav Saini on for Joe. A large Japanese global IT service provider reuse the ACI Secure eCommerce solution for its Italian merchant business, servicing multiple sectors from fashion and food to utilities. We are making our business more predictable and delivering on our financial promises. Yes, maybe Ill take that and Odilon can add. Well, thanks, everybody, for joining us today. Work with a Generous Purpose (Share Momentum with Others). Who congratulates. Who is groomed. I know you guys touched on it earlier in the call, but I just wanted to ask about the M&A pipeline. Who has to go. I bring with me a desire and sensibility to share the journey with my peers and direct reports. And thank you for joining our second quarter 2022 earnings conference call. They had 3 children: Sandra de Oliveira Limaand 2 other children. Rabobank, Colombias largest POS network and the top processor has expanded to include ACI Proactive Risk Manager in a cross-sell deal. ACI Worldwide, Inc. (ACIW) CEO Odilon Almeida on Q1 2022 Results These results continue a string of quarters in which we've achieved or exceeded our financial guidance. Who is ousted. I first plan to go through our financial results for Q1, and then provide our outlook for the rest of 2022. Who is left. Albeit a small portion of the business, it can have a year-over-year impact, but thats up 6% constant currency year-to-date. nominating and corporate governance committee, described the CEO ouster in the press release as a needed leadership change. Yes. Altimeter Capital CEO Brad Gerstner on the A.I. Almeida: My father taught me to appreciate life and live life to the fullest. Odilon Almeida is on the board of Millicom International Cellular SA and Member of Young Presidents' Organization, Inc. We are also very, very happy about this 2 quarters with double digit. Youre talking about the next generation RTP orchestration, right, the cloud? ASSOCIATED WITH fortunate (blessed), prosperous (wealthy), battle (war) As you know, we are in the board of FedNow. Odilon Almeidas duties as CEO will be taken over temporarily by Thomas (Tom) Warsop, most recently non-executive Chairman at ACI Worldwide Inc., as Interim Chief Executive Officer. Exhibit 10.1 SEVERANCE AGREEMENT This SEVERANCE AGREEMENT (this " Agreement "), by and between ACI Worldwide, Inc., a Delaware corporation (the " Company "), and Odilon Almeida (" Executive ") is effective as of the date set forth on the signature page (the "Effective Date"). Joe Vafi, managing director of equity research at Canaccord Genuity, called Almeidas firing a little bit of a head scratcher.. We're in the range of $1.415 billion to $1.435 billion. People named Odilon Jos Almeida. Millicom | Tigo - Leading the digital lifestyle A former top executive at Western Union, Almeida replaces Phil Heasley, who ran the . ENDS WITH -on. That's a great question because the pipeline is all about the future.
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