Retail Slump Not Slowing ACI Worldwide Says CEO

ACI Worldwide's (ACIW) - Get Report software processes over $14 trillion in payments each day for the world's leading retailers. The company's CEO Philip Heasley said the first quarter slump at some of those stores is actually creating revenue opportunities. 'They realize they need to build omni-channels that are interoperable against the different ways they are doing business and that's our specialty when we enable retailers,' said Heasley. Heasley added that ACI Worldwide, down 2.5 percent year-to-date, also deals with so-called 'new age retailers' like Amazon.com (AMZN) - Get Report , as well as traditional retailers like Macy's (M) - Get Report , which is steadily increasing its digital sales volume. Last month Naples, Florida-based ACI Worldwide reported first-quarter net income of $89.5 million, after reporting a loss in the same period a year earlier. The company said it had profits of $0.75 a share. Losses, adjusted for non-recurring gains, were ($0.01) a share, surpassing Wall Street expectations for a loss of ($0.07) a share.