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An article relating to this blog post on Finextra:

ACI talks up 2007 sales

ACI Worldwide (NASDAQ: ACIW), a leading international provider of software for electronic payment systems, today announced that the company added 49 new customers in calendar year 2007, including 17 n...


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ACI may talk up sales but ...

...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.

 

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Comments: (1)

Paul Penrose
Paul Penrose - Finextra - London 29 February, 2008, 10:52Be the first to give this comment the thumbs up 0 likes

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.

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