Acxiom (ACXM) Tops Q1 EPS by 4c; Guides In-Line

Acxiom (NASDAQ: ACXM) reported Q1 EPS of $0.09, $0.04 better than the analyst estimate of $0.05. Revenue for the quarter came in at $197 million versus the consensus estimate of $187.22 million.

Acxiom sees FY2015 EPS of $0.45-$0.50, versus the consensus of $0.47. Acxiom sees FY2015 revenue of $815-840 million, versus the consensus of $823.87 million.

“The first quarter was a solid start to fiscal 2016,” said Acxiom CEO Scott Howe. “Our results this quarter demonstrate the continued strength of Connectivity. A growing list of customers and synergies from our combination with LiveRamp contributed to dramatically expanding revenue, gross margin and bottom-line performance.”

“We are also pleased to announce that the sale of our IT Infrastructure Management business was completed on July 31, 2015, leaving Acxiom with a portfolio of businesses that share a single vision and mission,” continued Howe.

For earnings history and earnings-related data on Acxiom (ACXM) click here.

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