Friday, January 21, 2011

ARI 3Q profits fall - The Business Journal of Milwaukee:

http://sootheze.com/migraine-mask.php
Milwaukee-based ARI (OTCBB: ARIS), a provider of electronic parts catalogs for the manufacturedequipmentt markets, said net income for the quarter ende d April 30 fell 47.1 perceng to $226,000, or 3 cents per compared with $427,000, or 6 centsa per share, for the same perioe a year ago. Before income taxes and other operating incomefell 34.9 percent to $278,000 from Revenue increased to $4.17 million from $4.15 million. The firm reported strontg sales of new marketing servicexs and high levels of renewals for marketing services andcatalog subscriptions, said president and CEO Roy A decline in professional services revenue partially offset those sales gains.
For the nine months endede April 30, net income fell 46.5 percent to or 8 cents per comparedwith $1.01 million, or 14 cent per share, the year before. Revenue decrease 2.5 percent to $12.29 million from $12.6 million.

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