-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EwE7LYKOZTLHXtukW48VIbBO+/gxgBG89T/2Ilv24wKX7/41Qk0VvBljnKwa2Q0z 8MYpncCCaXpJc0YaXLETVQ== 0000733269-99-000034.txt : 19990726 0000733269-99-000034.hdr.sgml : 19990726 ACCESSION NUMBER: 0000733269-99-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990630 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990723 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACXIOM CORP CENTRAL INDEX KEY: 0000733269 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 710581897 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-72135 FILM NUMBER: 99668954 BUSINESS ADDRESS: STREET 1: 1 INFORMATION WAY CITY: LITTLE ROCK STATE: AR ZIP: 72202 BUSINESS PHONE: 5013361000 MAIL ADDRESS: STREET 1: 1 INFORMATION WAY CITY: LITTLE ROCK STATE: AR ZIP: 72202 FORMER COMPANY: FORMER CONFORMED NAME: CCX NETWORK INC DATE OF NAME CHANGE: 19880816 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------------- FORM 8-K CURRENT REPORT ----------------------- PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 July 20, 1999 DATE OF REPORT (Date of earliest event reported) ACXIOM CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 0-13163 71-0581897 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification Number) incorporation) 1 Information Way Little Rock, Arkansas 72202 (Address of principal executive offices) (Zip Code) (501) 252-1000 (Registrant's telephone number, including area code) Item 5. Other Events. On Tuesday, July 20, 1999, the Company announced its financial results for its fiscal quarter ended June 20, 1999. A copy of the press release is attached hereto as Exhibit 99 and is incorporated herein by reference. Item 7. Exhibits 99 Press Release dated July 20, 1999, issued by Registrant. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ACXIOM CORPORATION By: /s/ Catherine L. Hughes ----------------------------------- Catherine L. Hughes Corporate Counsel Date: July 22, 1999 Exhibit Index Number in Exhibit Table Exhibit 99 Press Release dated July 20, 1999 EX-99 2 PRESS RELEASE DATED JULY 20, 1999 For more information, contact Robert S. Bloom Rodger S. Kline Company Finance Leader Company Operations Leader Acxiom Corporation Acxiom Corporation (501) 336-1321 (501) 336-1322 ACXIOM(R) CORPORATION REPORTS RECORD RESULTS FOR FIRST QUARTER LITTLE ROCK, Ark., July 20, 1999 -- Acxiom(R) Corporation (Nasdaq: ACXM) today reported record revenue and earnings for the first quarter ended June 30, 1999. Consolidated revenues for the first quarter ended June 30, 1999 were $211,506,000, up 29 percent from revenues of $164,512,000 for the same quarter a year ago. Net earnings for the quarter were $15,749,000 ($ .18 diluted earnings per share), an increase of 34 percent compared to net earnings in the previous year's first quarter of $11,737,000 ($ .14 diluted earnings per share). Acxiom reported strong revenue growth for the quarter by each of its business segments. The Services segment reported revenues of $130.1 million for the quarter, up 38 percent over the prior year. The Information Technology Management segment reported revenues of $45.3 million, up 30 percent over the prior year. The Data Products segment reported revenues of $47.9 million, up 11 percent over the prior year. "We delivered another great quarter," said Charles D. Morgan, Chairman and Company Leader. "We enjoyed our 32nd consecutive quarter of achieving record revenue and earnings and each of our business segments contributed solid performance. The Acxiom Data Network(SM) also made great strides in gaining acceptance as the industry standard for integrating consumer and business data." Morgan noted that in recent weeks Acxiom had announced strategic alliances with three leaders in their respective industries, in addition to growing the number of partners in various stages of adopting the Acxiom Data Network, a leading e-business solution for customers seeking to better manage their customer relationships. "The e-commerce world provides great opportunities to Acxiom, and these alliances are an important element of our strategy," Morgan said. The three major alliances Morgan noted were: * Dun & Bradstreet (NYSE: DNB), the global leader in providing business information, and Acxiom announced a strategic alliance that significantly deepens and broadens both companies' marketing information solutions and expands their respective distribution channels. * Abacus Direct Corp. (Nasdaq: ABDR) and Acxiom announced a multi-year strategic product development and distribution agreement to capitalize on the information and technology strengths of both companies to create new, more powerful data products. * E.piphany, a leader in Web-based analytic applications focused on the customers, and Acxiom announced they would jointly deliver a new generation of global Customer Relationship Management and Enterprise Relationship Management solutions. During the quarter, Acxiom announced it had agreed to create a joint-venture company with Publishing and Broadcasting Ltd. of Sydney to serve data management needs of companies in Australia and New Zealand. Acxiom also announced the acquisition of Horizon Systems of Stamford, Conn., a leading provider of information solutions and services to pharmaceutical sales organizations. And, Acxiom completed the acquisition of Computer Graphics of Arizona, Inc., a privately held, Phoenix-based enterprise with three decades of experience serving the financial services and credit collections industry. Among major new customers signed by Acxiom during the quarter were the City of Chicago which signed a five-year, $40 million contract to provide data center management services and Rodale Inc., a global leader in the publishing of health and active living information, which signed a multi-million dollar, five-year contract for database and data warehousing services. Acxiom has announced that its Annual Shareholders Meeting will be held at 10:30AM, August 4, 1999, at the DoubleTree Hotel in Little Rock, Arkansas. About Acxiom Corp. Acxiom Corporation provides a wide spectrum of data products, data warehousing and data integration services, mailing list services, modeling and analysis, and information technology outsourcing services to major U.S. and international firms. Founded in 1969, Acxiom is headquartered in Little Rock, Arkansas, with operations throughout the United States and in the United Kingdom, Australia, France and Spain. More information is available on www.Acxiom.com. The discussion in this press release contains forward-looking statements that involve risks and uncertainties, including risks detailed from time to time in the company's SEC reports. Actual results may differ materially from the expectations expressed in forward-looking statements. Acxiom is a registered trademark of Acxiom RTC, Inc. ### ACXIOM CORPORATION AND SUBSIDIARIES REVENUES BY SEGMENT (Unaudited) For the Three Months Ended June 30, ------------------------------------- 1999 1998 ------------------------------------- Services 130,092,000 94,251,000 Data 47,945,000 43,378,000 I. T. Management 45,338,000 34,795,000 Intercompany eliminations (11,869,000) (7,912,000) ------------- -------------- Total Revenue 211,506,000 164,512,000 ============= ============== ACXIOM CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) For the Three Months Ended June 30, ---------------------------------------- 1999 1998 ---------------------------------------- Revenue 211,506,000 164,512,000 Operating costs and expenses: Salaries and benefits 83,709,000 63,717,000 Computer, communications and other equipment 34,174,000 24,956,000 Data costs 25,116,000 26,407,000 Other operating costs and expenses 38,261,000 29,111,000 -------------- --------------- Total operating costs and expenses 181,260,000 144,191,000 -------------- --------------- Income from operations 30,246,000 20,321,000 -------------- --------------- Other income (expense): Interest expense (5,819,000) (4,076,000) Other, net 769,000 2,514,000 -------------- --------------- (5,050,000) (1,562,000) -------------- --------------- Earnings before income taxes 25,196,000 18,759,000 Income taxes 9,447,000 7,022,000 -------------- --------------- Net earnings 15,749,000 11,737,000 ============== =============== Earnings per share: Basic 0.19 0.16 ============== =============== Diluted 0.18 0.14 ============== =============== Selected Financial Data: EBITDA 49,281,000 37,789,000 Capital Expenditures 35,645,000 17,441,000 Depreciation and Amortization 18,266,000 14,954,000 Stockholders' Equity 414,711,000 324,242,000 ============== =============== -----END PRIVACY-ENHANCED MESSAGE-----