ACI Worldwide, Inc. (NASDAQ:ACIW) Q4 2023 Earnings Call Transcript February 29, 2024 8:30 AM ET
Company Participants
John Kraft - IR
Tom Warsop - President and CEO
Scott Behrens - CFO
Conference Call Participants
Peter Heckmann - D.A. Davidson
Jeff Cantwell - Seaport Research
Charles Nabhan - Stephens Inc.
Pallav Saini - Canaccord Genuity
Operator
Ladies and gentlemen, thank you for standing by. My name is Kat, and I will be your conference operator today. At this time, I would like to welcome everyone to the ACI Worldwide Inc. Fourth Quarter and Full Year Ended 2023 Financial Results. All lines have been placed in mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] I would now like to turn the conference over to John Kraft. Please go ahead.
John Kraft
Thank you, and good morning, everyone. On today's call, we will discuss the company's fourth quarter and full year 2023 results. We will also discuss our financial outlook for the rest of 2024, and we'll take your questions at the end. The slides accompanying this call and webcast can be found at aciworldwide.com under the Investor Relations tab and will remain available after the call.
Today's call is subject to safe harbor and forward-looking statements like all of our events. You can find the full text of both statements in our presentation deck and earnings press release, both of which are available on our website and with the SEC. On this morning's call is Tom Warsop, our President and CEO, and Scott Behrens, our CFO. Before we begin, we wanted to make sure that everyone was aware of our upcoming Analyst Day, which will be held in New York City on March 12. Please reach out if you haven't received an invitation.
With that, I'll turn the call over to Tom.
Tom Warsop
Good morning, and thank you for joining our call. I'm going to start with some high-level thoughts on my first year as CEO, and I'll provide some comments about our 2023 performance. I'll finish by reiterating my confidence in our ability to take advantage of strong market opportunities in 2024 and beyond. As then as usual, I'll hand it over to Scott, and he'll discuss financial results in more detail and our outlook for 2024 and we'll open the line for questions after that.
As you probably know, I've been the CEO first on an interim basis, and then since June of last year, on a longer-term basis. And during that time, I've made it a point to personally visit as many customers, partners and fellow ACI team members as possible. In that year, I've met in person more than 70% of our employees and all of our top 10 customers in more than 15 countries across five continents. And following those visits, I'm even more convinced that ACI is a company with world-class solutions, talented employees and a customer base unmatched in the industry. Our market position, combined with the substantial opportunities for expansion and growth in industry with a near continual change puts us in a position to accelerate our growth and help customers achieve and exceed their strategic objectives. More on the future in a moment.