Acxiom (ACXM) was down 9% in preopen Island trading after the company warned that first-quarter revenue and earnings would be below previous guidance.
The business data management company said it would lose 6 to 9 cents a share on revenue of about $205 million. Analysts were looking for earnings of 5 cents a share, according to
Thomson Financial/First Call
The company also said it was cutting 7% of its workforce.