09:55 AM EDT, 08/01/2024 (MT Newswires) -- ACI Worldwide ( ACIW ) shares were up 9.8% in recent Thursday trading after the company posted higher Q2 adjusted earnings and revenue and lifted its guidance for 2024 revenue.

The transaction software company reported Q2 adjusted earnings of $0.47 per diluted share, up from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.23.

Revenue for the quarter that ended June 30 was $373.5 million, up from $323.3 million a year earlier.

Analysts surveyed by Capital IQ expected $349.4 million.

ACI Worldwide ( ACIW ) said it expects Q3 revenue of $400 million to $410 million. Analysts polled by Capital IQ expect $380.7 million.

The company said it now expects 2024 revenue of between $1.56 billion and $1.59 billion, up from its prior guidance of $1.55 billion to $1.58 billion. Analysts surveyed by Capital IQ expect $1.56 billion.

Price: 47.45, Change: +4.22, Percent Change: +9.76