Acxiom Reports Record Revenue

Share this article:
Acxiom Corp., Conway, AR, enjoyed record revenue and earnings growth for the fourth quarter and fiscal year ended March 31. The data and list product and services provider saw its consolidated revenues for the fourth quarter increase 27 percent over 1997 to $134.1 million and net earnings increase 32 percent to $10.7 million. For the fiscal year, consolidated revenues were up 16 percent to $465.1 million, and net earnings grew 29 percent to $35.6 million. Consolidated revenues adjusted for the sale of the Pro CD retail business and previously recorded pass-through revenue increased 22 percent. Revenues in Acxiom's services, alliances, international and data products divisions all increased between 18 percent and 29 percent for both the quarter and the year. Company leader Charles Morgan said he expects growth to continue in database marketing, data warehousing and data content delivery.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Data/Analytics

Epicor to Acquire Analytics Provider QuantiSense

Epicor to Acquire Analytics Provider QuantiSense

Retail solutions provider seeks to up its data analytics game for large and midsized retailers.

One Third of Companies Fail to Measure Data Quality ROI

One Third of Companies Fail to Measure Data ...

Twenty percent of companies assume their data quality tools pay off, while another 10% doesn't monitor ROI at all.

Ensighten and Anametrix Unite in an Open Relationship

Ensighten and Anametrix Unite in an Open Relationship

Ensighten's purchase of the analytics company is about giving ultimate ownership of data to marketers, says CEO Josh Manion.