Acxiom: Fiscal 4Q Earnings Snapshot
SAN FRANCISCO (AP) _ Acxiom Holdings, Inc. (RAMP) on Tuesday reported a fiscal fourth-quarter loss of $45.5 million, after reporting a profit in the same period a year earlier.
The San Francisco-based company said it had a loss of 67 cents per share. Losses, adjusted for one-time gains and costs, came to 13 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.
The data-services company posted revenue of $78.3 million in the period.
For the year, the company reported profit of $1.03 billion, or $13.71 per share. Revenue was reported as $285.6 million.
Acxiom expects full-year revenue in the range of $358 million to $372 million.
Acxiom shares have climbed 37% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $52.81, a rise of 85% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RAMP at https://www.zacks.com/ap/RAMP