Form 8-K : Acxiom 7/23/03 Press Release
                                                   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

                                                   July 23, 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 of           (Commission File     (IRS Employer Identification
                       Incorporation)                       Number)                      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 July 23, 2003


ITEM 9.  REGULATION FD DISCLOSURE.

         See Item 12.      Results of Operations and Financial Condition.


ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

         On July 23, 2003, Acxiom Corporation (the "Company") issued a press release announcing the results of
its financial performance for the quarter ending June 30, 2003.  The Company will hold a conference call at 4:30
p.m. CDT today to discuss this information further. Interested parties are invited to listen to the call, which
will be broadcast via the Internet at www.acxiom.com.  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 free cash flow.  Free cash flow is defined as operating
cash flow less cash used by investing activities excluding the impact of investments in joint ventures and other
business alliances and cash paid and/or received in acquisitions and dispositions.  The Company's management
believes that while free cash flow does not represent the amount of money available for the Company's
discretionary spending since certain obligations of the Company must be funded out of free cash flow, it
nevertheless provides a useful measure of operating performance for assessing the amount of cash available for
general corporate and strategic purposes after funding operating activities and capital expenditures, capitalized
software expenses, and deferred costs.

         The attached press release contains a quantitative reconciliation of free cash flow to the comparable
GAAP measure, operating cash flow.  This non-GAAP financial measure 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.

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                                                     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:   July 23, 2003


                                                     ACXIOM CORPORATION


                                                     By:      /s/ Catherine L. Hughes
                                                        ----------------------------------------
                                                     Name:      Catherine L. Hughes
                                                     Title:     Secretary


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                                                   EXHIBIT INDEX





    Exhibit Number                                               Description

         99.1           Press Release of the Company dated July 23, 2003.

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