Acxiom® (Nasdaq: ACXM), an enterprise data, analytics and software-as-a-service company, today announced financial results for its fourth quarter and fiscal year ended March 31, 2014. Fourth Quarter Fiscal 2014 Total revenue for the fourth quarter was $277 million, roughly flat compared to the fourth quarter of fiscal 2013. Loss from operations for the quarter was $15 million compared to income from operations of $20 million for the prior-year period. Excluding non-cash impairment charges and other unusual items, operating income was $32 million, up 43 percent from $22 million for the same period last year. Net loss per diluted share attributable to Acxiom stockholders was $0.38. Excluding non-cash impairment charges and other unusual items, diluted earnings per share were $0.24, up 26 percent from $0.19 a year ago. Operating cash flow was $44 million for the fourth quarter compared to $74 million for the same period a year ago. Free cash flow to equity decreased to $15 million for the quarter, compared to $42 million for the prior-year period. Free cash flow to equity is a non-GAAP financial measure. A reconciliation to the comparable GAAP measure, operating cash flow, is attached. Also attached is a schedule outlining the impact of unusual items on the current and prior year results. Fiscal Year 2014 Total revenue for the fiscal year ended March 31, 2014, was $1,098 million, compared to $1,099 million in fiscal 2013. Earnings per diluted share attributable to Acxiom stockholders were $0.12. Excluding non-cash impairment charges and other unusual items, diluted earnings per share were $0.86, up 13 percent from $0.76 in the prior year. Operating cash flow increased 10 percent to $165 million during the year compared to $150 million in fiscal 2013. Free cash flow available to equity was $76 million, up 36 percent from $56 million in the prior year. Both operating cash flow and free cash flow to equity were up as a result of improvements in working capital. The company recorded non-cash impairment charges of approximately $29 million in the fourth quarter in connection with the write-down of the carrying value of goodwill and other long-lived assets associated with its European operations.