ACI Worldwide, Inc.

Good day and thank you for standing by. Welcome to the ACI Q1 earnings announcement call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 on your telephone. Please note that today's conference is being recorded. If you require any further assistance, please press star 0. It is now my pleasure to turn the call over to Mr. John Kraft, Senior Vice President of Strategy and Finance. Please go ahead.

Thank you, and good morning, everyone. On today's call, we will discuss the company's first quarter 2022 results and our financial outlook for the rest of the year. We will take your questions at the end. 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. 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 on the first and final pages of our presentation deck, a copy of which is available on our website and with the SEC. On this morning's call is Ocalan Almeida, our president and CEO, and Scott Behrens, our CFO. With that, I'd like to turn the call over to Ocalan.

Thank you, John. Hello, everyone, and thank you for joining our first quarter 2022 earnings conference call. 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. Once again, we delivered results within our guidance and above consensus. We continue to execute on the rigorous and disciplined management processes. implemented in the last two years. It is making our business more predictable and our growth momentum clear. We recorded organic revenue growth of 13% or 14% on a constant currency basis, 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. We expect 2022 to be an inflection point for ACI. We will cement the foundation for accelerating growth toward the range of 7 to 9 percent by 2024 with gradual margin improvement. I'm pleased with our operational progress and our significant financial flexibility, which support short- and long-term profitable growth. We have continued buying back ACI shares and ended the first quarter with 178 million remaining on our share repurchase authorization. Now let me turn to some recent wins. Our boots on the ground strategy continues to deliver. We had wins from across Asia, the Pacific, the Middle East, Africa, Europe, Latin America, and closer to home in North America. Some examples include Maybank, is the largest financial services group in Malaysia with strong regional footprint in Asia. Maybank partners with ACI worldwide to drive and transform the bank's increasing real-time transactions for its digital channels. We'll modernize Taiwan's NCCC, the national switch, representing 23 members. KNAD, Kuwait's leading payment gateway for online transactions, will modernize its electronic banking services using ACI. ReadyBank, Colombia's leading payments network, will use ACI issuing to expand services to local and regional banks. A leading global clothing merchant will use our newly-launched chargeback indemnification service. Our partnership with Ellucian, the industry leader in student information systems, has resulted in the signing of 22 schools. It helps bring STEM into national compliance while enhancing their payment offerings. In summary, we had a strong first quarter with results within our guidance and above consensus. We continue to make our business more predictable and deliver on our commitments. This quarter's strong organic revenue growth and significant new business wins demonstrate the continued execution of our Fit for Growth and Focus on Growth strategy. Regarding our third pillar, Step Change Value Creation through M&A. We have no announcements at this time, but I can assure you that we are making progress. I will turn it over to Scott to discuss financials and forward guidance. Scott?