Acxiom Corp. generated second-quarter revenue of $241 million—an increase over the $235 million posted during the same period in 2002. However, net earnings fell to $11 million, compared with $15 million last year. Company leader Charles D. Morgan said in a statement that the firm continued to be affected by “a less than robust economic environment.” The totals were in line with earlier estimates.
Acxiom Corp. generated second-quarter revenue of $241 million—an increase over the $235 million posted during the same period in 2002.
However, net earnings fell to $11 million, compared with $15 million last year.
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Company leader Charles D. Morgan said in a statement that the firm continued to be affected by “a less than robust economic environment.” The totals were in line with earlier estimates.
The Little Rock, AK-based information company generated new contracts worth $16 million and renewals worth $6 million in annual revenue.
The firm reported revenue of $477,777 for the first six months, up from $460 million during the first half of 2002. Net income fell from $25 million to $22 million.
