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Acxiom Reports Fiscal 4Q Profit

Stock quotes in this article: ACXM  

LITTLE ROCK, Ark. (AP) — Acxiom Corp. on Wednesday reported a fiscal fourth-quarter profit but the company's revenue fell short of analyst estimates.

Shares of Acxiom, which specializes in data integration services, data warehousing and decision support services, fell 59 cents, or 6.2 percent, to $8.95 in afternoon trading.

Acxiom earned $22.5 million, or 29 cents per share, compared with a loss of $58.3 million, or 76 cents per share, in the year-ago quarter. The company's results were hurt in the fourth-quarter of last year by significant restructuring costs. ...

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