Join the Community

23,269

Expert opinions

43,764

Total members

400

New members (last 30 days)

191

New opinions (last 30 days)

29,066

Total comments

Join Sign in

ACI may talk up sales but ...

29 February 2008 1 comment

Richard Crookston

Payments Consultant

R Crookston

...are they making any money?

Why talk up sales if you are safe and secure in your business?

Just a thought for you to ponder on if it had not already crossed your mind.

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

4318

Report

Comments: (1)

Paul Penrose Head of Research at Finextra

29 February 2008

It's a common wheeze.

If you're looking for the financials, we posted them the week before: ACI reports quarterly loss.

For the record - and to save you the ffort of toiling through all the positive guff at the top of the release - ACI reported a net loss of $2.0 million for the quarter compared to net income of $2.6 million during the same period last year. Calendar year 2007 net loss was $13.8 million compared to net income of $42.8 million in calendar 2006.

Report