by Luke Jones
Posted 10/25/2012 03:18 pm
Updated 1 year ago
Acxiom Corp. of Little Rock continued its fiscal 2013 trend with a slight drop in revenue and a sizable bump in net income, according to an earnings report released Thursday after market close.
The data services firm said its $277 million revenue was a 3.1 percent drop from last year's $286 million, but income jumped 34.3 percent from $12.3 million to $16.5 million.
According to the earnings release, earnings per diluted share attributable to Acxiom shareholders were up 46.7 in the current quarter, showing $0.22 per diluted share compared to $0.15 in the previous year.
"We are encouraged by several aspects of our first half performance and direction," Acxiom CEO Scott Howe said in a news release. "A leading indicator of future success is the performance of our customers. We are pleased that two of our clients, United Airlines and Macy's, were both recently named Marketer of the Year by the Direct Marketing Association.
"While we have much to do, particularly as it relates to our top-line growth, we are building success stories and are excited about what's ahead for our company."