CORAL GABLES, Fla. (AP) — CORAL GABLES, Fla. (AP) — ACI Worldwide Inc. (ACIW) on Thursday reported fourth-quarter earnings of $122.6 million.

The Coral Gables, Florida-based company said it had profit of $1.12 per share. Earnings, adjusted for non-recurring costs, came to $1.27 per share.

The maker of software for electronic payments posted revenue of $476.6 million in the period.

For the year, the company reported profit of $121.5 million, or $1.12 per share. Revenue was reported as $1.45 billion.

For the current quarter ending in March, ACI Worldwide said it expects revenue in the range of $300 million to $310 million.

The company expects full-year revenue in the range of $1.55 billion to $1.58 billion.

ACI Worldwide shares have increased 1% since the beginning of the year. The stock has risen 20% in the last 12 months.

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