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Acxiom: Fiscal 2Q Earnings Snapshot

CONWAY, Ark. (AP) _ Acxiom Holdings, Inc. (RAMP) on Monday reported fiscal second-quarter net income of $20.6 million, after reporting a loss in the same period a year earlier.

The Conway, Arkansas-based company said it had profit of 27 cents per share. Losses, adjusted for one-time gains and costs, came to 14 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The data-services company posted revenue of $64.8 million in the period.

Acxiom expects full-year revenue in the range of $275 million to $285 million.

Acxiom shares have increased 65 percent since the beginning of the year. The stock has risen 81 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 RAMP at https://www.zacks.com/ap/RAMP