Acxiom Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported revenues were $223.312 million against $221.193 million a year ago. Income from operations was $9.115 million against loss of $0.374 million a year ago. Earnings from continuing operations before income taxes were $7.407 million against loss of $2.019 million a year ago. Net income from continuing operations was $1.073 million or $0.01 diluted per share against loss of $0.439 million or $0.01 diluted per share a year ago. Net earnings were $1.073 million or $0.01 diluted per share against loss of $1.410 million or $0.02 diluted per share a year ago. Earnings from continuing operations before income taxes and excluding items were $31.684 million against $20.545 million a year ago. Non-GAAP net earnings were $18.933 million or $0.24 diluted per share against $14.146 million or $0.18 diluted per share a year ago. Income from operations before excluded items was $33.392 million against $22.190 million a year ago. EBITDA was $29.062 million against $20.126 million a year ago. Adjusted EBITDA was $48.718 million against $38.858 million a year ago. Net cash provided by operating activities was $48.933 million against $37.018 million a year ago. Capitalized software was $3.296 million against $3.627 million a year ago. Capitalized expenditure was $9.557 million against $10.702 million a year ago.

For the nine months, the company reported revenues were $655.380 million against $625.433 million a year ago. Income from operations was $24.397 million against loss of $5.299 million a year ago. Earnings from continuing operations before income taxes were $19.288 million against loss of $10.422 million a year ago. Net income from continuing operations was $12.189 million or $0.15 diluted per share against loss of $6.966 million or $0.09 diluted per share a year ago. Net earnings were $12.189 million or $0.15 diluted per share against $8.274 million or $0.11 diluted per share a year ago. Earnings from continuing operations before income taxes and excluding items were $74.129 million against $50.205 million a year ago. Non-GAAP net earnings were $44.616 million or $0.56 diluted per share against $33.011 million or $0.42 diluted per share a year ago. Income from operations before excluded items was $79.238 million against $55.328 million a year ago. EBITDA was $85.494 million against $57.021 million a year ago. Adjusted EBITDA was $127.747 million against $104.788 million a year ago. Net cash provided by operating activities was $85.165 million against $70.372 million a year ago. Capitalized software was $11.171 million against $10.360 million a year ago. Capitalized expenditure was $30.096 million against $33.822 million a year ago.

For the year ending March 31, 2017, the company expects earnings before income taxes of $13.0 million, net earnings of $9.00 million or $0.11 diluted per share, purchased intangible asset amortization of $19.0 million, earnings before income taxes and excluding items of $92,000, non-GAAP net earnings of $56.0 million or $0.70 diluted earnings per share. CapEx to be slightly below previous estimate of $65 million for the year.