Acxiom Posts Q1 Loss; Maintains Fiscal Year Guidance - Quick Facts

(RTTNews) - Acxiom (ACXM) reported a first-quarter loss from continuing operations of $6.07 million or $0.08 per share, compared to profit of $12.50 million or $0.17 per share, prior year. Adjusted earnings per share was $0.13 for the quarter.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.19 for the quarter. Analysts' estimates typically exclude special items.

Total revenue decreased to $242.22 million from $257.18 million, last year. Analysts expected revenue of $246.26 million for the quarter.

The company continues to expect fiscal 2015 revenue from continuing operations for the fiscal year to be down roughly five percent compared to fiscal year 2014. The company said the decline in revenue is primarily due to the impact of lost IT Infrastructure Management customers and the exit of analog paper survey business in Europe. Adjusting for the 2Touch divestiture, the company continues to expect earnings per share to be in the range of $0.73 to $0.83. Analysts expect the company to report fiscal 2015 earnings per share of $0.79.