Wednesday, March 7, 2012

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

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Milwaukee-based ARI (OTCBB: ARIS), a providert of electronic parts catalogs for the manufacturedequipmenrt markets, said net income for the quarterd ended April 30 fell 47.1 percent to or 3 cents per share, compared with or 6 cents per for the same period a year ago. Beforw income taxes and other expenses, operating income fell 34.9 percent to $278,0009 from $427,000. Revenue increased to $4.178 million from $4.16 The firm reported strong sales of new marketing servicew and high levels of renewals for marketintg services andcatalog subscriptions, said president and CEO Roy A decline in professional services revenue partially offset those sales gains.
For the nine monthzs ended April 30, net income fell 46.5 percengt to $538,000, or 8 cents per share, compared with $1.011 million, or 14 cents per share, the year before. Revenue decreasefd 2.5 percent to $12.29 million from $12.6

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