Acxiom Announces Fourth Quarter and Fiscal Year Results

Full Year Connectivity Revenue Increases 44% Year-Over-Year

Company Expects Strong Revenue Growth in FY18

Acxiom® (Nasdaq: ACXM), the data foundation for the world's best marketers, today announced financial results for its fourth quarter and fiscal year ended March 31, 2017.

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Fourth Quarter Financial Highlights

Revenue: Total revenue was $225 million or flat compared to the fourth quarter of last year. Strong growth in Connectivity and Audience Solutions was offset by revenue declines associated with the second quarter divestiture of Acxiom Impact.
Operating Income (Loss): GAAP operating loss from continuing operations was $9 million compared to a loss of $8 million in the prior year. Non-GAAP operating income from continuing operations improved 5% to approximately $21 million.
Earnings (Loss) per Share: GAAP diluted loss per share from continuing operations was $0.10 compared to a loss per share of $0.02 in the prior year. Non-GAAP diluted earnings per share from continuing operations were $0.15 compared to $0.18 a year ago.
Operating Cash Flow: Operating cash flow from continuing operations was $31 million, down from $43 million in the prior year.
Free Cash Flow to Equity: Free cash flow to equity improved to $26 million, up from $17 million in the prior year driven by proceeds from the sale of real estate assets.

Fiscal Year Financial Highlights

Revenue: Total revenue was $880 million, up 4% compared to fiscal 2016 driven by growth in Connectivity and Audience Solutions, partially offset by the divestiture of Acxiom Impact.
Operating Income (Loss): GAAP operating income from continuing operations was $16 million compared to a loss of $13 million in the prior year. Non-GAAP operating income from continuing operations improved 33% to approximately $100 million.
Earnings (Loss) per Share: GAAP diluted earnings per share from continuing operations were $0.05 compared to a loss per share of $0.11 in the prior year. Non-GAAP diluted earnings per share from continuing operations were $0.71 compared to $0.59 a year ago.
Operating Cash Flow: Operating cash flow from continuing operations improved to $116 million, up from $114 million in the prior year.
Free Cash Flow to Equity: Free cash flow to equity improved to $63 million, up from $18 million in the prior year driven by proceeds from the sale of Acxiom Impact and the fourth quarter sale of real estate assets.

Segment Results

Connectivity

Q417

Q416

Y/Y Δ

FY17

FY16

Y/Y Δ

Revenue

$ 44 $ 31 42% $ 147 $ 102 44%

Gross Profit

$ 28 $ 20 41% $ 88 $ 61 44%

Gross Margin

63% 63%

(10 bps)

60% 60% 20 bps

Segment Operating Income

$ 2 $ (0) 454% $ 5 $ (3) 262% Segment Margin 3% (1%) 480 bps 4% (3%) 680 bps

Audience Solutions

Q417

Q416

Y/Y Δ

FY17 FY16 Y/Y Δ

Revenue

$ 86 $ 80 8% $ 322 $ 298 8%

Gross Profit

$ 55 $ 46 19% $ 198 $ 168 18% Gross Margin 64% 58% 580 bps 62% 56% 520 bps

Segment Operating Income

$ 34 $ 30 14% $ 123 $ 110 12% Segment Margin 39% 37% 200 bps 38% 37% 150 bps

Marketing Services

Q417

Q416 Y/Y Δ

FY17

FY16 Y/Y Δ

Revenue

$ 94 $ 113 (17%) $ 411 $ 450 (9%)

Gross Profit

$ 31 $ 40 (22%) $ 141 $ 152 (8%) Gross Margin 33% 35% (230 bps) 34% 34% 30 bps

Segment Operating Income

$ 20 $ 19 1% $ 81 $ 74 8% Segment Margin 21% 17% 370 bps 20% 17% 310 bps

A detailed discussion of our non-GAAP financial measures and a reconciliation between GAAP and non-GAAP results is provided in the schedules to this press release.

“Fiscal 2017 was a milestone year for Acxiom,” said Acxiom CEO Scott Howe. “Each of our businesses delivered revenue growth and margin improvement, and we made a number of strategic moves to accelerate our vision of powering a world where all marketing is relevant. We enter fiscal 2018 from a position of strength and industry leadership and remain committed to delivering even more value to our clients and shareholders.”

Recent Business Highlights

LiveRamp® product revenue was up 59% compared to the fourth quarter of last year. LiveRamp added approximately 25 new direct clients during the quarter and added over 50 new partner integrations. Marketers can now onboard and activate their data across a growing network of more than 500 publishers and marketing technology providers.
LiveRamp launched IdentityLink™ for data owners allowing data providers to better monetize their assets. Data can be distributed directly to clients or made available through IdentityLink’s Data Store feature.
LiveRamp and AppNexus launched an open industry consortium to make people-based marketing widely available in programmatic channels. In forming the consortium, LiveRamp and leading supply side platform AppNexus have agreed to create a standard identity framework that enables buyers and sellers of programmatic digital advertising to create more relevant campaigns and improve the consumer experience.
Audience Solutions announced several new and expanded partnerships, including a new DaaS partnership with ShareThis and a deeper integration with the Viant Advertising Cloud platform.
Acxiom was named to the 2017 Bay Area Best Places to Work list, ranking among the top large companies. The awards program, presented by the San Francisco Business Times and the Silicon Valley Business Journal, annually recognizes Bay Area companies that rise to the top in terms of having a happy and engaged workforce.

Financial Outlook

Acxiom’s non-GAAP guidance excludes the impact of non-cash compensation, purchased intangible asset amortization, restructuring charges and separation costs.

For fiscal 2018, Acxiom expects to report:

Revenue of approximately $945 million, an increase of 7% year-over-year. This represents an increase of 10% year-over-year after adjusting for the Acxiom Impact divestiture.
GAAP diluted loss per share of approximately $0.09
Non-GAAP diluted earnings per share of approximately $0.80, an increase of 13% year-over-year

Conference Call

Acxiom will hold a conference call at 4:00 p.m. CT today to further discuss this information. Interested parties are invited to listen to the call which will be broadcast via the Internet and can be found on our investor site. A slide presentation will be referenced during the call and can be accessed here.

About Acxiom

Acxiom provides the data foundation for the world’s best marketers. We enable people-based marketing everywhere through a simple, open approach to connecting systems and data that drives seamless customer experiences and higher ROI. A leader in identity and ethical data use for more than 45 years, Acxiom helps thousands of clients and partners around the globe work together to create a world where all marketing is relevant. Acxiom is a registered trademark of Acxiom Corporation. For more information, visit Acxiom.com.

Forward-Looking Statements

This release and today’s conference call contain forward-looking statements including, without limitation, statements regarding expected levels of revenue and earnings per share. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially. The following are factors, among others, that could cause actual results to differ materially from these forward-looking statements: the possibility that the expected revenue from the divisions may not be realized within the expected timeframe; the possibility that the integration of acquired businesses may not be successful as planned; the possibility that certain contracts may not generate the anticipated revenue or profitability or may not be closed within the anticipated time frames; the possibility that significant customers may experience extreme, severe economic difficulty or otherwise reduce or cancel the amount of business they do with us; the possibility that we will not successfully complete customer contract requirements on time or meet the service levels specified in the contracts, which may result in contract penalties or lost revenue; the possibility that data purchasers will reduce their reliance on us by developing and using their own, or alternative, sources of data generally or with respect to certain data elements or categories; the possibility that data suppliers might withdraw data from us, leading to our inability to provide certain products and services to our clients; the possibility that we may not be able to attract, retain or motivate qualified technical, sales and leadership associates, or that we may lose key associates; the possibility that we may not be able to adequately adapt to rapidly changing computing environments, technologies and marketing practices; the possibility that we will not be able to continue to receive credit upon satisfactory terms and conditions; the possibility that negative changes in economic conditions in general or other conditions might lead to a reduction in demand for our products and services; the possibility that there will be changes in consumer or business information industries and markets that negatively impact the company; the possibility that the historical seasonality of our business may change; the possibility that we will not be able to achieve anticipated cost reductions and avoid unanticipated costs; the possibility that the fair value of certain of our assets may not be equal to the carrying value of those assets now or in future time periods; the possibility that unusual charges may be incurred; the possibility that changes in accounting pronouncements may occur and may impact these forward-looking statements; the possibility that we may encounter difficulties when entering new markets or industries; the possibility that we could experience loss of data center capacity or interruption of telecommunication links; the possibility that new laws may be enacted which limit our ability to provide services to our clients and/or which limit the use of data; and the possibility that other risks and uncertainties may emerge, including those detailed from time to time in our current and periodic reports filed with the Securities and Exchange Commission, including our current reports on Form 8-K, quarterly reports on Form 10-Q and annual reports on Form 10-K, particularly the discussion under the caption “Item 1A. RISK FACTORS” in our Annual Report on Form 10-K for the year ended March 31, 2016, which was filed with the Securities and Exchange Commission on May 27, 2016.

With respect to the provision of products or services outside our primary base of operations in the United States, all of the above factors apply, along with the difficulty of doing business in numerous sovereign jurisdictions due to differences in scale, competition, culture, laws and regulations.

We undertake no obligation to update the information contained in this press release or any other forward-looking statement.

To automatically receive Acxiom Corporation financial news by email, please visit www.acxiom.com and subscribe to email alerts.

ACXIOM CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (Dollars in thousands, except per share amounts) For the Three Months Ended March 31, $ % 2017 2016 Variance Variance Revenues 224,867 224,655 212 0.1 % Cost of revenue 118,294 123,626 (5,332 ) (4.3 %) Gross profit 106,573 101,029 5,544 5.5 % % Gross margin 47.4 % 45.0 % Operating expenses: Research and development 23,478 16,758 6,720 40.1 % Sales and marketing 48,433 45,842 2,591 5.7 % General and administrative 37,721 35,330 2,391 6.8 % Impairment of goodwill and other 1,315 6,100 (4,785 ) (78.4 %) Gains, losses and other items, net 4,335 4,763 (428 ) (9.0 %) Total operating expenses 115,282 108,793 6,489 6.0 % Loss from operations (8,709 ) (7,764 ) (945 ) (12.2 %) % Margin -3.9 % -3.5 % Other income (expense): Interest expense (2,137 ) (1,880 ) (257 ) (13.6 %) Other, net 199 (214 ) 413 193.0 % Total other expense (1,937 ) (2,094 ) 157 7.5 % Loss from continuing operations before income taxes (10,646 ) (9,858 ) (788 ) (8.0 %) Income taxes (2,565 ) (8,176 ) 5,611 68.6 % Net loss from continuing operations (8,081 ) (1,682 ) (6,399 ) (380.5 %) Earnings from discontinued operations, net of tax - 111 (111 ) (100.0 %) Net loss (8,081 ) (1,571 ) (6,510 ) (414.4 %) Basic loss per share: Net loss from continuing operations (0.10 ) (0.02 ) (0.08 ) (372.7 %) Net earnings from discontinued operations - 0.00 (0.00 ) (100.0 %) Net loss (0.10 ) (0.02 ) (0.08 ) (406.1 %) Diluted loss per share: Net loss from continuing operations (0.10 ) (0.02 ) (0.08 ) (372.7 %) Net earnings from discontinued operations - 0.00 (0.00 ) (100.0 %) Net loss (0.10 ) (0.02 ) (0.08 ) (406.1 %) Basic weighted average shares 78,012 76,753 Diluted weighted average shares 78,012 76,753 ACXIOM CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (Dollars in thousands, except per share amounts) For the Twelve Months Ended March 31, $ % 2017 2016 Variance Variance Revenues 880,247 850,088 30,159 3.5 % Cost of revenue 477,686 488,382 (10,696 ) (2.2 %) Gross profit 402,561 361,706 40,855 11.3 % % Gross margin 45.7 % 42.5 % Operating expenses: Research and development 82,109 74,247 7,862 10.6 % Sales and marketing 166,676 146,176 20,500 14.0 % General and administrative 129,714 135,385 (5,671 ) (4.2 %) Impairment of goodwill and other 1,315 6,829 (5,514 ) (80.7 %) Gains, losses and other items, net 7,058 12,132 (5,074 ) (41.8 %) Total operating expenses 386,872 374,769 12,103 3.2 % Income (loss) from operations 15,689 (13,063 ) 28,752 220.1 % % Margin 1.8 % -1.5 % Other income (expense): Interest expense (7,381 ) (7,669 ) 288 3.8 % Other, net 334 452 (118 ) (26.1 %) Total other expense (7,047 ) (7,217 ) 170 2.4 % Income (loss) from continuing operations before income taxes 8,642 (20,280 ) 28,922 142.6 % Income taxes (benefit) 4,534 (11,632 ) 16,166 139.0 % Net earnings (loss) from continuing operations 4,108 (8,648 ) 12,756 147.5 % Earnings from discontinued operations, net of tax - 15,351 (15,351 ) (100.0 %) Net earnings 4,108 6,703 (2,595 ) (38.7 %) Basic earnings per share: Net earnings (loss) from continuing operations 0.05 (0.11 ) 0.16 147.5 % Net earnings from discontinued operations - 0.20 (0.20 ) (100.0 %) Net earnings 0.05 0.09 (0.03 ) (38.7 %) Diluted earnings per share: Net earnings (loss) from continuing operations 0.05 (0.11 ) 0.16 146.2 % Net earnings from discontinued operations - 0.20 (0.20 ) (100.0 %) Net earnings 0.05 0.09 (0.03 ) (40.4 %) Basic weighted average shares 77,609 77,616 Diluted weighted average shares 79,848 77,616 ACXIOM CORPORATION AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP EPS (1)

(Unaudited) (Dollars in thousands, except per share amounts) For the Three Months Ended For the Twelve Months Ended March 31, March 31, 2017 2016 2017 2016 Earnings (loss) from continuing operations before income taxes (10,646 ) (9,858 ) 8,642 (20,280 ) Income taxes (2,565 ) (8,176 ) 4,534 (11,632 ) Net earnings (loss) from continuing operations (8,081 ) (1,682 ) 4,108 (8,648 ) Earnings from discontinued operations, net of tax - 111 - 15,351 Net earnings (loss) (8,081 ) (1,571 ) 4,108 6,703 Earnings (loss) per share: Basic (0.10 ) (0.02 ) 0.05 0.09 Diluted (0.10 ) (0.02 ) 0.05 0.09 Excluded items: Purchased intangible asset amortization (cost of revenue) 6,056 4,204 18,644 15,466 Non-cash stock compensation (cost of revenue and operating expenses) 15,190 7,934 49,145 31,463 Impairment of goodwill and other 1,315 6,100 1,315 6,829 Restructuring and merger charges (gains, losses, and other) 7,321 4,763 10,045 12,132 Gain on sales of assets (gains, losses, and other) (2,986 ) - (2,986 ) - Separation and transformation costs (general and administrative) 3,066 4,686 8,639 20,826 Accelerated amortization (cost of revenue) - 252 - 1,850 Total excluded items, continuing operations 29,962 27,939 84,802 88,566

Earnings from continuing operations before income taxes and excluding items

19,316 18,081 93,444 68,286 Income taxes (2) 7,139 4,262 36,652 21,456 Non-GAAP net earnings 12,177 13,819 56,792 46,830 Non-GAAP earnings per share: Basic 0.16 0.18 0.73 0.60 Diluted 0.15 0.18 0.71 0.59 Basic weighted average shares 78,012 76,753 77,609 77,616 Diluted weighted average shares 80,912 78,386 79,848 79,099 (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) Income taxes were calculated using an effective non-GAAP tax rate of 37.0% and 23.6% in the fourth quarter of fiscal 2017 and 2016, respectively, and 39.2% and 31.4% for the twelve months ended March 31, 2017 and 2016, respectively. The differences between our GAAP and non-GAAP tax rates were primarily due to the net tax effects of the excluded items, including the federal and state income tax benefit related to the sale of Impact. ACXIOM CORPORATION AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP INCOME (LOSS) FROM OPERATIONS (1)

(Unaudited) (Dollars in thousands) For the Three Months Ended For the Twelve Months Ended March 31, March 31, 2017 2016 2017 2016 Income (loss) from operations (8,709 ) (7,764 ) 15,689 (13,063 ) Excluded items: Purchased intangible asset amortization (cost of revenue) 6,056 4,204 18,644 15,466 Non-cash stock compensation (cost of revenue and operating expenses) 15,190 7,934 49,145 31,463 Impairment of goodwill and other 1,315 6,100 1,315 6,829 Restructuring and merger charges (gains, losses, and other) 7,321 4,763 10,045 12,132 Gain on sales of assets (gains, losses and other) (2,986 ) - (2,986 ) - Separation and transformation costs (general and administrative) 3,066 4,686 8,639 20,826 Accelerated amortization (cost of revenue) - 252 - 1,850 Total excluded items, continuing operations 29,962 27,939 84,802 88,566 Income from operations before excluded items 21,253 20,175 100,491 75,503 (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures and the material limitations on the usefulness of these measures, please see Appendix A. ACXIOM CORPORATION AND SUBSIDIARIES RESULTS BY SEGMENT (Unaudited) (Dollars in thousands) For the Three Months Ended March 31, $ % 2017 2016 Variance Variance Revenues Marketing Services 94,269 113,342 (19,073 ) (16.8 %) Audience Solutions 86,396 80,128 6,268 7.8 % Connectivity 44,203 31,185 13,018 41.7 % Total operating segment revenues 224,867 224,655 212 0.1 % Gross profit Marketing Services 31,207 40,117 (8,910 ) (22.2 %) Audience Solutions 55,154 46,457 8,697 18.7 % Connectivity 27,742 19,617 8,125 41.4 % Total operating segment gross profit 114,104 106,191 7,913 7.5 % Gross margin % Marketing Services 33.1 % 35.4 % Audience Solutions 63.8 % 58.0 % Connectivity 62.8 % 62.9 % Total operating segment gross margin 50.7 % 47.3 % Income (loss) from operations Marketing Services 19,513 19,301 212 1.1 % Audience Solutions 33,598 29,598 4,000 13.5 % Connectivity 1,502 (424 ) 1,926 454.3 % Total operating segment income from operations 54,613 48,475 6,138 12.7 % Operating income (loss) margin % Marketing Services 20.7 % 17.0 % Audience Solutions 38.9 % 36.9 % Connectivity 3.4 % -1.4 % Total operating segment operating margin 24.3 % 21.6 % Some totals may not add due to rounding ACXIOM CORPORATION AND SUBSIDIARIES RESULTS BY SEGMENT (Unaudited) (Dollars in thousands) For the Twelve Months Ended March 31, $ % 2017 2016 Variance Variance Revenues Marketing Services 410,840 449,772 (38,932 ) (8.7 %) Audience Solutions 322,065 297,846 24,219 8.1 % Connectivity 147,342 102,470 44,872 43.8 % Total operating segment revenues 880,247 850,088 30,159 3.5 % Gross profit Marketing Services 140,647 152,258 (11,611 ) (7.6 %) Audience Solutions 198,185 167,715 30,470 18.2 % Connectivity 88,251 61,199 27,052 44.2 % Total operating segment gross profit 427,084 381,172 45,912 12.0 % Gross margin % Marketing Services 34.2 % 33.9 % Audience Solutions 61.5 % 56.3 % Connectivity 59.9 % 59.7 % Total operating segment gross margin 48.5 % 44.8 % Income (loss) from operations Marketing Services 80,622 74,371 6,251 8.4 % Audience Solutions 123,238 109,598 13,640 12.4 % Connectivity 5,333 (3,298 ) 8,631 261.7 % Total operating segment income from operations 209,193 180,671 28,522 15.8 % Operating income (loss) margin % Marketing Services 19.6 % 16.5 % Audience Solutions 38.3 % 36.8 % Connectivity 3.6 % -3.2 % Total operating segment operating margin 23.8 % 21.3 % Some totals may not add due to rounding ACXIOM CORPORATION AND SUBSIDIARIES RECONCILIATION OF SEGMENT RESULTS (Unaudited) (Dollars in thousands) For the Three Months Ended For the Twelve Months Ended March 31, March 31, 2017 2016 2017 2016 Total operating segment gross profit 114,104 106,191 427,084 381,172 Less: Purchased intangible asset amortization 6,056 4,204 18,644 15,466 Non-cash stock compensation 1,475 707 5,879 2,150 Accelerated amortization - 252 - 1,850 Gross profit 106,573 101,029 402,561 361,706 Total operating segment income from operations 54,613 48,475 209,193 180,671 Less: Corporate expenses 33,360 28,300 108,702 105,168 Purchased intangible asset amortization 6,056 4,204 18,644 15,466 Non-cash stock compensation 15,190 7,934 49,145 31,463 Impairment of goodwill and other 1,315 6,100 1,315 6,829 Restructuring and merger charges 7,321 4,763 10,045 12,132 Gain on sales of assets (2,986 ) - (2,986 ) - Separation and transformation costs 3,066 4,686 8,639 20,826 Accelerated amortization - 252 - 1,850 Income (loss) from operations (8,709 ) (7,764 ) 15,689 (13,063 ) Some totals may not add due to rounding ACXIOM CORPORATION AND SUBSIDIARIES RECONCILIATION OF ADJUSTED EBITDA (1) (Unaudited) (Dollars in thousands) For the Three Months Ended For the Twelve Months Ended March 31, March 31, 2017 2016 2017 2016 Net earnings (loss) from continuing operations (8,081 ) (1,682 ) 4,108 (8,648 ) Income taxes (2,565 ) (8,176 ) 4,534 (11,632 ) Other expense (1,937 ) (2,094 ) (7,047 ) (7,217 ) Income (loss) from operations (8,709 ) (7,764 ) 15,689 (13,063 ) Depreciation and amortization 21,593 22,242 82,690 85,463 Less: Deferred interest amortization - 306 - 1,206 Adjusted depreciation and amortization 21,593 21,936 82,690 84,257 EBITDA 12,884 14,172 98,379 71,194 Other adjustments: Non-cash stock compensation (cost of revenue and operating expenses) 15,190 7,934 49,145 31,463 Impairment of goodwill and other 1,315 6,100 1,315 6,829 Gains, losses, and other items, net 4,335 4,763 7,059 12,132 Separation and transformation costs (general and administrative) 3,066 4,686 8,639 20,826 Other adjustments 23,906 23,483 66,158 71,250 Adjusted EBITDA 36,790 37,655 164,537 142,444 (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. ACXIOM CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited) (Dollars in thousands) March 31, March 31, $ % 2017 2016 Variance Variance

Assets

Current assets: Cash and cash equivalents 170,343 189,629 (19,286 ) (10.2 %) Trade accounts receivable, net 142,768 138,650 4,118 3.0 % Refundable income taxes 7,098 9,834 (2,736 ) (27.8 %) Other current assets 48,310 37,897 10,413 27.5 % Total current assets 368,519 376,010 (7,491 ) (2.0 %) Property and equipment 476,281 528,675 (52,394 ) (9.9 %) Less - accumulated depreciation and amortization 320,307 345,632 (25,325 ) (7.3 %) Property and equipment, net 155,974 183,043 (27,069 ) (14.8 %) Software, net of accumulated amortization 47,638 55,735 (8,097 ) (14.5 %) Goodwill 592,731 492,745 99,986 20.3 % Purchased software licenses, net of accumulated amortization 7,972 10,116 (2,144 ) (21.2 %) Deferred income taxes 10,261 6,885 3,376 49.0 % Other assets, net 51,443 25,315 26,128 103.2 % 1,234,538 1,149,849 84,689 7.4 %

Liabilities and Stockholders' Equity

Current liabilities: Current installments of long-term debt 39,819 32,243 7,576 23.5 % Trade accounts payable 40,208 37,717 2,491 6.6 % Accrued payroll and related expenses 53,238 61,309 (8,071 ) (13.2 %) Other accrued expenses 59,861 48,254 11,607 24.1 % Deferred revenue 37,087 44,477 (7,390 ) (16.6 %) Total current liabilities 230,213 224,000 6,213 2.8 % Long-term debt 189,241 157,897 31,344 19.9 % Deferred income taxes 58,374 53,964 4,410 8.2 % Other liabilities 17,730 15,020 2,710 18.0 % Stockholders' equity: Common stock 13,288 13,039 249 1.9 % Additional paid-in capital 1,154,429 1,082,220 72,209 6.7 % Retained earnings 602,609 598,501 4,108 0.7 % Accumulated other comprehensive income 7,999 8,590 (591 ) (6.9 %) Treasury stock, at cost (1,039,345 ) (1,003,382 ) (35,963 ) (3.6 %) Total stockholders' equity 738,980 698,968 40,012 5.7 % 1,234,538 1,149,849 84,689 7.4 % ACXIOM CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollars in thousands) For the Three Months Ended March 31, 2017 2016 Cash flows from operating activities: Net loss (8,081 ) (1,571 ) Earnings from discontinued operations, net of tax - (111 ) Non-cash operating activities: Depreciation and amortization 21,593 22,242 Loss on disposal of assets 2,245 - Impairment of goodwill and other assets 1,315 6,100 Deferred income taxes (6,836 ) (4,266 ) Non-cash stock compensation expense 15,201 7,934 Changes in operating assets and liabilities: Accounts receivable (5,000 ) 2,224 Other assets (8,825 ) (13,531 ) Accounts payable and other liabilities 16,110 22,370 Deferred revenue 2,943 1,879 Net cash provided by operating activities 30,665 43,270 Cash flows from investing activities: Capitalized software (3,306 ) (4,520 ) Capital expenditures (17,897 ) (13,601 ) Data acquisition costs (418 ) (418 ) Proceeds from sales of assets 25,494 - Equity investments (1,000 ) - Net cash provided by (used in) investing activities 2,873 (18,539 ) Cash flows from financing activities: Payments of debt (8,070 ) (8,048 ) Sale of common stock, net of stock acquired for withholding taxes 6,039 4,074 Excess tax benefits from share-based compensation 1,067 1,529 Acquisition of treasury stock - (15,229 ) Net cash used in financing activities (964 ) (17,674 ) Cash flows from discontinued operations: From operating activities - (3,954 ) Net cash provided by discontinued operations - (3,954 ) Effect of exchange rate changes on cash (81 ) 136 Net change in cash and cash equivalents 32,493 3,239 Cash and cash equivalents at beginning of period 137,850 186,390 Cash and cash equivalents at end of period 170,343 189,629 Supplemental cash flow information: Cash paid during the period for: Interest 2,478 1,925 Income taxes 2,070 96 ACXIOM CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (Dollars in thousands) For the Twelve Months Ended March 31, 2017 2016 Cash flows from operating activities: Net earnings 4,108 6,703 Earnings from discontinued operations, net of tax - (15,351 ) Non-cash operating activities: Depreciation and amortization 82,690 85,463 Loss on disposal of assets 1,725 232 Impairment of goodwill and other assets 1,315 6,829 Deferred income taxes (8,818 ) (11,664 ) Non-cash stock compensation expense 49,145 31,463 Changes in operating assets and liabilities: Accounts receivable (11,161 ) (13,014 ) Other assets (172 ) (13,632 ) Accounts payable and other liabilities 4,302 25,529 Deferred revenue (7,304 ) 11,084 Net cash provided by operating activities 115,830 113,642 Cash flows from investing activities: Capitalized software (14,477 ) (14,880 ) Capital expenditures (47,993 ) (47,423 ) Data acquisition costs (881 ) (1,553 ) Proceeds from sales of assets 25,494 - Equity investments (1,000 ) - Cash paid in acquisitions, net of cash acquired (137,383 ) (5,386 ) Net cash received in disposition 16,988 - Net cash used in investing activities (159,252 ) (69,242 ) Cash flows from financing activities: Proceeds from debt 70,000 - Payments of debt (32,243 ) (87,231 ) Sale of common stock, net of stock acquired for withholding taxes 15,709 10,417 Excess tax benefits from share-based compensation 2,852 3,551 Acquisition of treasury stock (30,542 ) (52,764 ) Net cash provided by (used in) financing activities 25,776 (126,027 ) Cash flows from discontinued operations: From operating activities - 6,323 From investing activities - 124,506 From financing activities - (206 ) Net cash provided by discontinued operations - 130,623 Effect of exchange rate changes on cash (1,640 ) (377 ) Net change in cash and cash equivalents (19,286 ) 48,619 Cash and cash equivalents at beginning of period 189,629 141,010 Cash and cash equivalents at end of period 170,343 189,629 Supplemental cash flow information: Cash paid during the period for: Interest 7,779 8,145 Income taxes 6,866 6,100 Prepayment of debt - 55,000 Other debt payments 32,243 32,231 ACXIOM CORPORATION AND SUBSIDIARIES CALCULATION OF FREE CASH FLOW TO EQUITY (1) (Unaudited) (Dollars in thousands) 06/30/15 09/30/15 12/31/15 03/31/16 FY2016 06/30/16 09/30/16 12/31/16 03/31/17 FY2017 Net Cash Provided by Operating Activities 11,997 21,357 37,018 43,270 113,642 750 35,482 48,933 30,665 115,830 Less (plus):

Capitalized software (2,797 ) (3,936 ) (3,627 ) (4,520 ) (14,880 ) (3,982 ) (3,893 ) (3,296 ) (3,306 ) (14,477 ) Capital expenditures (12,876 ) (10,244 ) (10,702 ) (13,601 ) (47,423 ) (10,694 ) (9,845 ) (9,557 ) (17,897 ) (47,993 ) Data acquisition costs (430 ) (281 ) (424 ) (418 ) (1,553 ) (20 ) (247 ) (196 ) (418 ) (881 ) Required debt payments (8,099 ) (8,039 ) (8,045 ) (8,048 ) (32,231 ) (8,053 ) (8,058 ) (8,062 ) (8,070 ) (32,243 ) Net cash received in disposition - - - - - - 16,988 - - 16,988 Proceeds from sales of assets - - - - - - - - 25,494 25,494 Free Cash Flow to Equity (12,205 ) (1,143 ) 14,220 16,683 17,555 (21,999 ) 30,427 27,822 26,468 62,718 (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. ACXIOM CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (Dollars in thousands, except per share amounts) Q4 FY17 to Q4 FY16 06/30/15 09/30/15 12/31/15 03/31/16 FY2016 06/30/16 09/30/16 12/31/16 03/31/17 FY2017 % $ Revenues 196,895 207,345 221,193 224,655 850,088 214,801 217,267 223,312 224,867 880,247 0.1 % 212 Cost of revenue 117,709 121,312 125,735 123,626 488,382 122,819 120,105 116,468 118,294 477,686 -4.3 % (5,332 ) Gross profit 79,186 86,033 95,458 101,029 361,706 91,982 97,162 106,844 106,573 402,561 5.5 % 5,544 % Gross margin 40.2 % 41.5 % 43.2 % 45.0 % 42.5 % 42.8 % 44.7 % 47.8 % 47.4 % 45.7 % Operating expenses Research and development 20,011 19,078 18,400 16,758 74,247 18,652 19,029 20,950 23,478 82,109 40.1 % 6,720 Sales and marketing 29,494 34,259 36,581 45,842 146,176 37,348 37,847 43,048 48,433 166,676 5.7 % 2,591 General and administrative 31,743 31,519 36,793 35,330 135,385 27,506 32,866 31,620 37,721 129,714 6.8 % 2,391 Impairment of goodwill and other - 729 - 6,100 6,829 - - - 1,315 1,315 -78.4 % (4,785 ) Gains, losses and other items, net 807 2,504 4,058 4,763 12,132 314 300 2,111 4,335 7,058 -9.0 % (428 ) Total operating expenses 82,055 88,089 95,832 108,793 374,769 83,820 90,042 97,729 115,282 386,872 6.0 % 6,489 Income (loss) from operations (2,869 ) (2,056 ) (374 ) (7,764 ) (13,063 ) 8,162 7,120 9,115 (8,709 ) 15,689 -12.2 % (945 ) % Margin -1.5 % -1.0 % -0.2 % -3.5 % -1.5 % 3.8 % 3.3 % 4.1 % -3.9 % 1.8 % Other income (expense) Interest expense (1,885 ) (1,956 ) (1,948 ) (1,880 ) (7,669 ) (1,812 ) (1,689 ) (1,743 ) (2,137 ) (7,381 ) -13.6 % (257 ) Other, net 304 59 303 (214 ) 452 307 (207 ) 35 199 334 193.0 % 413 Total other expense (1,581 ) (1,897 ) (1,645 ) (2,094 ) (7,217 ) (1,505 ) (1,896 ) (1,708 ) (1,937 ) (7,047 ) 7.5 % 157 Earnings (loss) from continuing operations before income taxes (4,450 ) (3,953 ) (2,019 ) (9,858 ) (20,280 ) 6,657 5,224 7,407 (10,646 ) 8,642 -8.0 % (788 ) Income taxes 732 (2,608 ) (1,580 ) (8,176 ) (11,632 ) 2,681 (1,916 ) 6,334 (2,565 ) 4,534 68.6 % 5,611 Net earnings (loss) from continuing operations (5,182 ) (1,345 ) (439 ) (1,682 ) (8,648 ) 3,976 7,140 1,073 (8,081 ) 4,108 -380.4 % (6,399 ) Earnings (loss) from discontinued operations, net of tax 4,143 12,068 (971 ) 111 15,351 - - - - - -100.0 % (111 ) Net earnings (loss) (1,039 ) 10,723 (1,410 ) (1,571 ) 6,703 3,976 7,140 1,073 (8,081 ) 4,108 -414.4 % (6,510 ) Diluted earnings (loss) per share (0.01 ) 0.14 (0.02 ) (0.02 ) 0.09 0.05 0.09 0.01 (0.10 ) 0.05 -406.1 % (0.08 ) Diluted earnings (loss) per share continuing operations (0.07 ) (0.02 ) (0.01 ) (0.02 ) (0.11 ) 0.05 0.09 0.01 (0.10 ) 0.05 -372.7 % (0.08 ) Some earnings (loss) per share amounts may not add due to rounding ACXIOM CORPORATION AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP EPS (1) (Unaudited) (Dollars in thousands, except per share amounts) 06/30/15 09/30/15 12/31/15 03/31/16 FY2016 06/30/16 09/30/16 12/31/16 03/31/17 FY2017 Earnings (loss) from continuing operations before income taxes (4,450 ) (3,953 ) (2,019 ) (9,858 ) (20,280 ) 6,657 5,224 7,407 (10,646 ) 8,642 Income taxes 732 (2,608 ) (1,580 ) (8,176 ) (11,632 ) 2,681 (1,916 ) 6,334 (2,565 ) 4,534 Net earnings (loss) from continuing operations (5,182 ) (1,345 ) (439 ) (1,682 ) (8,648 ) 3,976 7,140 1,073 (8,081 ) 4,108 Earnings (loss) from discontinued operations, net of tax 4,143 12,068 (971 ) 111 15,351 - - - - - Net earnings (loss) (1,039 ) 10,723 (1,410 ) (1,571 ) 6,703 3,976 7,140 1,073 (8,081 ) 4,108 Earnings (loss) per share: Basic (0.01 ) 0.14 (0.02 ) (0.02 ) 0.09 0.05 0.09 0.01 (0.10 ) 0.05 Diluted (0.01 ) 0.14 (0.02 ) (0.02 ) 0.09 0.05 0.09 0.01 (0.10 ) 0.05 Excluded items: Purchased intangible asset amortization (cost of revenue) 3,754 3,754 3,754 4,204 15,466 4,077 3,890 4,621 6,056 18,644 Non-cash stock compensation (cost of revenue and operating expenses) 8,123 7,360 8,046 7,934 31,463 8,590 11,938 13,427 15,190 49,145 Impairment of goodwill and other - 729 - 6,100 6,829 - - - 1,315 1,315 Restructuring and merger charges (gains, losses, and other) 807 2,504 4,058 4,763 12,132 314 300 2,111 7,321 10,045 Gain on sales of assets (gains, losses and other) - - - - - - - - (2,986 ) (2,986 ) Separation and transformation costs (general and administrative) 3,414 6,098 6,628 4,686 20,826 - 1,455 4,118 3,066 8,639 Accelerated amortization (cost of revenue) 1,442 78 78 252 1,850 - - - - - Total excluded items, continuing operations 17,540 20,523 22,564 27,939 88,566 12,981 17,583 24,277 29,962 84,803

Earnings from continuing operations before income taxes and excluding items

13,090 16,570 20,545 18,081 68,286 19,638 22,807 31,684 19,315 93,444 Income taxes 5,632 5,163 6,399 4,262 21,456 7,852 8,910 12,751 7,139 36,652 Non-GAAP net earnings 7,458 11,407 14,146 13,819 46,830 11,786 13,897 18,933 12,177 56,792 Non-GAAP earnings per share: Basic 0.10 0.15 0.18 0.18 0.60 0.15 0.18 0.24 0.16 0.73 Diluted 0.09 0.14 0.18 0.18 0.59 0.15 0.18 0.24 0.15 0.71 Basic weighted average shares 77,918 77,960 77,831 76,753 77,616 77,471 77,446 77,507 78,012 77,609 Diluted weighted average shares 79,352 79,310 79,346 78,386 79,099 79,353 79,277 79,851 80,912 79,848 Some totals may not add due to rounding (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures and the material limitations on the usefulness of these measures, please see Appendix A. ACXIOM CORPORATION AND SUBSIDIARIES RESULTS BY SEGMENT (Unaudited) (Dollars in thousands) Q4 FY17 to Q4 FY16 06/30/15 09/30/15 12/31/15 03/31/16 FY2016 06/30/16 09/30/16 12/31/16 03/31/17 FY2017 % $ Revenues: Marketing Services 107,726 112,979 115,725 113,342 449,772 109,715 105,679 101,177 94,269 410,840 -16.8 % (19,073 ) Audience Solutions 68,550 72,122 77,046 80,128 297,846 73,744 78,526 83,399 86,396 322,065 7.8 % 6,268 Connectivity 20,619 22,244 28,422 31,185 102,470 31,342 33,062 38,736 44,203 147,342 41.7 % 13,017 Total operating segment revenues 196,895 207,345 221,193 224,655 850,088 214,801 217,267 223,312 224,867 880,247 0.1 % 212 Gross profit: Marketing Services 36,034 37,545 38,561 40,117 152,258 37,466 34,480 37,494 31,207 140,647 -22.2 % (8,910 ) Audience Solutions 36,824 39,170 45,265 46,457 167,715 41,912 47,998 53,120 55,154 198,185 18.7 % 8,698 Connectivity 11,953 13,499 16,130 19,617 61,199 17,575 19,843 23,091 27,742 88,251 41.4 % 8,125 Total operating segment gross profit 84,811 90,214 99,956 106,191 381,172 96,953 102,321 113,705 114,104 427,084 7.5 % 7,913 Gross margin: Marketing Services 33.4 % 33.2 % 33.3 % 35.4 % 33.9 % 34.1 % 32.6 % 37.1 % 33.1 % 34.2 % Audience Solutions 53.7 % 54.3 % 58.8 % 58.0 % 56.3 % 56.8 % 61.1 % 63.7 % 63.8 % 61.5 % Connectivity 58.0 % 60.7 % 56.8 % 62.9 % 59.7 % 56.1 % 60.0 % 59.6 % 62.8 % 59.9 % Total operating segment gross margin 43.1 % 43.5 % 45.2 % 47.3 % 44.8 % 45.1 % 47.1 % 50.9 % 50.7 % 48.5 % Income (loss) from operations: Marketing Services 16,853 17,908 20,309 19,301 74,371 20,145 19,837 21,127 19,513 80,622 1.1 % 212 Audience Solutions 24,087 25,190 30,723 29,598 109,598 25,096 29,972 34,572 33,598 123,238 13.5 % 4,000 Connectivity (791 ) (1,068 ) (1,015 ) (424 ) (3,298 ) 291 1,663 1,877 1,502 5,333 454.3 % 1,926 Total operating segment income from operations 40,149 42,030 50,017 48,475 180,671 45,532 51,472 57,576 54,613 209,193 12.7 % 6,138 Operating income (loss) margin: Marketing Services 15.6 % 15.9 % 17.5 % 17.0 % 16.5 % 18.4 % 18.8 % 20.9 % 20.7 % 19.6 % Audience Solutions 35.1 % 34.9 % 39.9 % 36.9 % 36.8 % 34.0 % 38.2 % 41.5 % 38.9 % 38.3 % Connectivity -3.8 % -4.8 % -3.6 % -1.4 % -3.2 % 0.9 % 5.0 % 4.8 % 3.4 % 3.6 % Total operating segment operating margin 20.4 % 20.3 % 22.6 % 21.6 % 21.3 % 21.2 % 23.7 % 25.8 % 24.3 % 23.8 % Some totals may not add due to rounding. ACXIOM CORPORATION AND SUBSIDIARIES

RECONCILIATION OF GAAP TO NON-GAAP EPS GUIDANCE (1)

(Unaudited) (Dollars in thousands, except per share amounts) For the year ending March 31, 2018 Earnings before income taxes 500 Income taxes 7,500 Net loss (7,000 ) Diluted loss per share $ (0.09 ) Excluded items: Purchased intangible asset amortization 24,000 Non-cash stock compensation 66,000 Gains, losses and other items, net 5,000 Separation and transformation costs 15,000 Total excluded items 110,000 Earnings before income taxes and excluding items 110,500 Income taxes (2) 44,200 Non-GAAP net earnings 66,300 Non-GAAP diluted earnings per share $ 0.80 Basic weighted average shares 80,000 Diluted weighted average shares 83,000 (1) This presentation includes non-GAAP measures. Our non-GAAP measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. For a detailed explanation of the adjustments made to comparable GAAP measures, the reasons why management uses these measures, the usefulness of these measures and the material limitations on the usefulness of these measures, please see Appendix A. (2) Income taxes were calculated using an effective non-GAAP tax rate of 40.0%. The difference between our GAAP and Non-GAAP tax rates was due to the effect of excluded items.

ACXIOM CORPORATION

APPENDIX A

Q4 FISCAL 2017 FINANCIAL RESULTS EXPLANATION OF NON-GAAP MEASURES To supplement our financial results, we use non-GAAP measures which exclude certain acquisition related expenses, non-cash stock compensation and restructuring charges. We believe these measures are helpful in understanding our past performance and our future results. Our non-GAAP financial measures and schedules are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated GAAP financial statements. Our management regularly uses these non-GAAP financial measures internally to understand, manage and evaluate our business and to make operating decisions. These measures are among the primary factors management uses in planning for and forecasting future periods. Compensation of our executives is also based in part on the performance of our business based on these non-GAAP measures. Our non-GAAP financial measures, including non-GAAP earnings per share and adjusted EBITDA, reflect adjustments based on the following items, as well as the related income tax effects when applicable:

Purchased intangible asset amortization: We incur amortization of purchased intangibles in connection with our acquisitions. Purchased intangibles include (i) developed technology, (ii) customer relationships, and (iii) trade names. We expect to amortize for accounting purposes the fair value of the purchased intangibles based on the pattern in which the economic benefits of the intangible assets will be consumed as revenue is generated. Although the intangible assets generate revenue for us, we exclude this item because this expense is non-cash in nature and because we believe the non-GAAP financial measures excluding this item provide meaningful supplemental information regarding our operational performance.

Non-cash stock compensation: Non-cash stock compensation consists of charges for associate restricted stock units, performance shares and stock options in accordance with current GAAP related to stock-based compensation including expense associated with stock-based compensation related to unvested options assumed in connection with our acquisitions. As we apply stock-based compensation standards, we believe that it is useful to investors to understand the impact of the application of these standards to our operational performance. Although stock-based compensation expense is calculated in accordance with current GAAP and constitutes an ongoing and recurring expense, such expense is excluded from non-GAAP results because it is not an expense that typically requires or will require cash settlement by us and because such expense is not used by us to assess the core profitability of our business operations.

Restructuring charges: During the past several years, we have initiated certain restructuring activities in order to align our costs in connection with both our operating plans and our business strategies based on then-current economic conditions. As a result, we recognized costs related to termination benefits for associates whose positions were eliminated, lease termination charges, and leasehold improvement write offs. During the current year, we also recognized gains on the sale of the Acxiom Impact business and certain real estate. These items, reported as gains, losses, and other items, net, are excluded from non-GAAP results because such amounts are not used by us to assess the core profitability of our business operations.

Merger expenses: During the current year we have incurred certain third party expenses associated with the acquisitions of Arbor and Circulate. These items, reported as gains, losses and other items, net, are excluded from non-GAAP results because such amounts are used by us to assess the core profitability of our business operations.

Separation and transformation costs: In prior years, we incurred significant expenses in connection with the separation of our IT Infrastructure Management ("ITO") and the subsequent transformation of our remaining operating segments. This work enabled us to transform our external reporting and provide investors with enhanced transparency and more granular segment-level disclosures in addition to facilitating the ITO disposition. In the current year, we are incurring expenses to further separate the financial statements of our three operating segments, with particular focus on segment-level balance sheets, and to evaluate portfolio priorities. Our criteria for excluding separation and transformation expenses from our non-GAAP measures is as follows: 1) projects are discrete in nature; 2) excluded expenses consist only of third-party consulting fees that we would not incur otherwise; and 3) we do not exclude employee related expenses or other costs associated with the ongoing operations of our business. We expect to complete these current projects in the next fiscal year. We believe excluding these items from our non-GAAP financials measures is useful for investors and provides meaningful supplemental information.

Our non-GAAP financial schedules are:

Non-GAAP EPS and Non-GAAP Income (loss) from Operations: Our non-GAAP earnings per share and Non- GAAP income (loss) from operations reflect adjustments as described above, as well as the related tax effects where applicable.

Adjusted EBITDA: Adjusted EBITDA is defined as net income (loss) from continuing operations before income taxes, other expenses, depreciation and amortization, and including adjustments as described above. We use Adjusted EBITDA to measure our performance from period to period both at the consolidated level as well as within our operating segments and to compare our results to those of our competitors. We believe that the inclusion of Adjusted EBITDA provides useful supplementary information to and facilitates analysis by investors in evaluating the Company's performance and trends. The presentation of Adjusted EBITDA is not meant to be considered in isolation or as an alternative to net earnings as an indicator of our performance.

Free Cash Flow to Equity: To supplement our statement of cash flows, we use a non-GAAP measure of cash flow to analyze cash flows generated from operations. Free cash flow to equity is defined as operating cash flow less cash used by investing activities (excluding the impact of cash paid in acquisitions), less required payments of debt, and excluding the impact of discontinued operations. Management believes that this measure of cash flow is meaningful since it represents the amount of money available from continuing operations for the Company's discretionary spending after funding all required obligations including scheduled debt payments. The presentation of non-GAAP free cash flow to equity is not meant to be considered in isolation or as an alternative to cash flows from operating activities as a measure of liquidity.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170516006685/en/

Acxiom Investor RelationsLauren Dillard, 650-372-2242investor.relations@acxiom.comEACXM

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