Acxiom reports record results for fiscal 1995.CONWAY Conway, city, United States Conway, city (1990 pop. 26,481), seat of Faulkner co., central Ark., in a farm and cotton area; inc. 1873. It is a trade and industrial center. Conway was settled (c.1865) near the site of a French trading post (c.1770). , Ark.--(BUSINESS WIRE)--May 1, 1995--Acxiom Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ACXM) reported record revenue and earnings today for the fiscal year ended March 31, 1995. Consolidated revenue for the year was a record $202,448,000, a 33% increase from the $151,669,000 reported for the year ended March 31, 1994. Net earnings of $12,405,000 ($.54 per share) were up 48% from the net earnings of $8,397,000 ($.38 per share) in the previous year. All per-share figures are restated for the two-for-one stock split which was effective January January: see month. 10, 1995. Consolidated revenue for the fourth quarter ended March 31, 1995 was $54,972,000, a 31% increase over the $41,807,000 reported for the fourth quarter a year ago. Net earnings for the fourth quarter were $3,975,000 ($.17 per share) compared to net earnings of $2,388,000 ($.11 per share) for the quarter ended March 31, 1994, a 66% increase. The revenue and earnings for the fourth quarter also are records for the Company. "We are very pleased with our revenue growth, surpassing $200 million for the first time in the Company's twenty-five year history," said Charles Charles, archduke of Austria Charles, 1771–1847, archduke of Austria; brother of Holy Roman Emperor Francis II. Despite his epilepsy, he was the ablest Austrian commander in the French Revolutionary and Napoleonic wars; however, he was handicapped by D. Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. , Jr., President and Chairman of the Board. "Our growth is broad based with revenues up 54% for the fiscal year and 51% for the fourth quarter, when you exclude the effects of units disposed dis·pose v. dis·posed, dis·pos·ing, dis·pos·es v.tr. 1. To place or set in a particular order; arrange. 2. of earlier in the year. This growth was led by the insurance and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. units which were up 149% and 60%, respectively. We are particularly pleased that our earnings for the year grew faster than revenue." Morgan emphasized that with the purchase of the remaining 50% of InfoBase A database created in Folio. See Folio. (TM) in October October: see month. , Acxiom Acxiom is a customer and data information management company, offering a range of products and services including information technology outsourcing. It has been described as "one of the biggest companies you've never heard of. is positioned to become a leading provider of data for business solutions, adding that data is an important part of large-scale information integration projects and represents expanding opportunities for new products and services. Acxiom provides proprietary software, tools and services that unify 1. (database, product) Unify - A relational database produced by Unify Corporation. 2. (algorithm) unify - To perform unification. multiple internal databases and integrates them external InfoBase information to create a unique customer knowledge base. Acxiom also supplies interfaces to facilitate desktop access to this knowledge, data warehouse technologies for client/server distribution and a range of outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. options to database marketers, Fortune 500 companies and other major firms. Acxiom is headquartered in Conway, Arkansas Conway is the largest city and county seat of Faulkner CountyGR6, Arkansas. A 2005 special census indicated the population had risen to 52,430 [2]. It is part of the Little Rock-North Little Rock-AR Metropolitan Statistical Area. , with locations throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and the United Kingdom. -0-
ACXIOM CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
(Unaudited)
For the Twelve Months Ended
March 31,
1995 1994
Revenue 202,448,000 151,669,000
Operating costs and expenses:
Salaries and benefits 67,287,000 65,924,000
Computer, communications and
other equipment 28,330,000 27,284,000
Data costs 59,963,000 17,356,000
Other operating costs and expenses 23,803,000 25,841,000
----------- -----------
Total operating costs and expenses 179,383,000 136,405,000
----------- -----------
Income from operations 23,065,000 15,264,000
----------- -----------
Other income (expense):
Interest expense (2,388,000) (2,770,000)
Other, net (602,000) 939,000
------------ -----------
(2,990,000) (1,831,000)
------------ -----------
Earnings before income taxes 20,075,000 13,433,000
Income taxes 7,670,000 5,036,000
------------ ------------
Net earnings 12,405,000 8,397,000
============ ============
Earnings per share 0.54 0.38
============ ============
Weighted average shares outstanding 22,943,000 21,840,000
============ ============
ACXIOM CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF EARNINGS
(Unaudited)
For the Three Months Ended
March 31,
1995 1994
Revenue 54,972,000 41,807,000
Operating costs and expenses:
Salaries and benefits 18,594,000 16,608,000
Computer, communications and
other equipment 7,283,000 6,465,000
Data costs 15,461,000 7,940,000
Other operating costs and expenses 7,072,000 6,791,000
------------ ------------
Total operating costs and expenses 48,410,000 37,804,000
------------ ------------
Income from operations 6,562,000 4,003,000
------------ ------------
Other income (expense):
Interest expense (512,000) (697,000)
Other, net 206,000 277,000
------------ ------------
(306,000) (420,000)
------------ ------------
Earnings before income taxes 6,256,000 3,583,000
Income taxes 2,281,000 1,195,000
------------ ------------
Net earnings 3,975,000 2,388,000
============ ============
Earnings per share 0.17 0.11
============ ============
Weighted average shares outstanding 24,080,000 21,830,000
============ ============
CONTACT: Acxiom Corporation, Conway Robert S Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. . Bloom bloom 1. the general appearance of the surface. In carcass meat it is the glistening, transparent effect and the gentle pink color that gives a good bloom to the carcass. It is the result of proper tissue hydration coupled with the correct proportions of fat, connective tissue and , 501/336-1321 |
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