Acxiom Corp. (ACXM) posted fourth-quarter net profit attributable to the company of $46.07 million or $0.58 per share, as against a loss of $67.06 million or $0.83 per share last year.
Excluding restructuring charges, gain on the sale of discontinued operations and other unusual items from both periods, earnings per share attributable to Acxiom stockholders were $0.22 for the fourth quarter, up 5 percent from $0.21 a year before. On average, 5 analysts polled by Thomson Reuters expected earnings per share of $0.19 for the quarter. Analysts' estimates typically exclude one-time items.
Total revenue $287.25 million for the fourth quarter was flat year-over-year. Four analysts estimated revenues of $280.48 million for the quarter.
For fiscal 2013, earnings per share attributable to Acxiom shareholders are expected to be in the range of $0.55 - $0.65, given the company's investment in new products, while revenue from continuing operations is projected to be flat to slightly down.
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