Earnings Up, Revenue Down for Acxiom in Q3

Share this content:
Data provider Acxiom Corp., Little Rock, AR, announced last week that earnings rose despite a decline in revenue for the third quarter compared with the same period last year.

Net earnings were $19.94 million for the quarter ended Dec. 31, up from $19.54 million in the previous Q3. Revenue was $255.2 million compared with $257.96 million for the year-ago period.

Other highlights of Acxiom's third-quarter performance:

· New contracts that will deliver $49 million in annual revenue and renewals that total $14 million in annual revenue.

· Committed new deals expected to generate $44 million in annual revenue.

· The acquisition of Claritas Europe.

· Completion of a long-term alliance with Accenture that is expected to drive new revenue and improve the efficiency of Acxiom's services delivery model.

This is a 40 Under 40 Profile. Click here to see all profiles as well as previous year's winners.

Loading links....

Next Article in Data/Analytics

Sign up to our newsletters

Latest Jobs:

Featured Listings