Acxiom Form 8-K : April 8, 2003
UNITED STATES
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
April 8, 2003
Date of Report (Date of earliest event reported)
ACXIOM CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-13163 71-0581897
(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
1 Information Way, P.O. Box 8180, Little Rock, Arkansas 72203-8180
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: 501-342-1000
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
99.1 Press Release dated April 8, 2003
ITEM 9. REGULATION FD DISCLOSURE.
See Item 12. Results of Operations and Financial Condition.
ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On April 8, 2003, Acxiom Corporation (the "Company") issued a press release
announcing that it anticipates that revenue and earnings for the fourth quarter
of fiscal 2003 ended March 31, 2002 will be below the Company's previously
stated expectations. The press release is furnished herewith as Exhibit 99.1 and
incorporated by reference herein.
The Company's press release and other communications from time to time
include certain non-GAAP financial measures. A "non-GAAP financial measure" is
defined as a numerical measure of a company's financial performance, financial
position or cash flows that excludes (or includes) amounts that are included in
(or excluded from) the most directly comparable measure calculated and presented
in accordance with GAAP in the Company's financial statements. The attached
press release utilizes a measure of earnings per share before giving effect to
certain write-offs that were taken during the period.
The Company's management believes that the presentation of earnings per
share (before write-offs) provides useful information regarding the Company's
financial performance and earnings potential by calculating and quantifying the
effect of certain write-offs on earnings per share calculated in accordance with
GAAP and gives investors insight into the profitability of the Company's
operating business. Management also believes that the presentation of the
non-GAAP financial measure is consistent with its past practice, as well as
industry practice in general, and will enable investors and analysts to compare
current non-GAAP measures with non-GAAP measures presented in prior periods.
The non-GAAP financial measure used by the Company in the attached press
release may not be comparable to similarly titled measures used by other
companies and should not be considered in isolation or as a substitute for
measures of performance prepared in accordance with GAAP.
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.
Dated: April 8, 2003
ACXIOM CORPORATION
By: /s/ Jerry C. Jones
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Name: Jerry C. Jones
Title: Business Development/Legal Leader
EXHIBIT INDEX
Exhibit Number Description
99.1 Press Release of the Company dated April 8, 2003.