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Acxiom: Fiscal 1Q Earnings Snapshot

CONWAY, Ark. (AP) _ Acxiom Corp. (ACXM) on Thursday reported a loss of $3 million in its fiscal first quarter.

The Conway, Arkansas-based company said it had a loss of 4 cents per share. Earnings, adjusted for one-time gains and costs, were 24 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The data-services company posted revenue of $227 million in the period.

Acxiom expects full-year earnings in the range of 90 cents to 95 cents per share.

Acxiom shares have risen 57 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $43.35, a climb of 88 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACXM at https://www.zacks.com/ap/ACXM