Acxiom (ACXM) Tops Q2 EPS by 1c, Updates Guidance

Acxiom (NASDAQ: ACXM) reported Q2 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $260 million versus the consensus estimate of $250.54 million.

Acxiom sees FY2014 EPS of $0.73-$0.78, versus prior guidance of $0.73-$0.83 and the consensus of $0.75.

"We now expect revenue from continuing operations for the fiscal year to be down roughly four percent compared to fiscal year 2014. The decline in revenue is primarily due to the impact of lost IT Infrastructure Management customers and the exit of our analog paper survey business in Europe."

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

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