Sunday, August 22, 2010

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

http://pishtazkhorshid.com/article/Suzlon-subsidiary-to-sell-35-stake-in-Hansen.html
Milwaukee-based ARI (OTCBB: ARIS), a providefr of electronic parts catalogs for the manufactured equipment markets, said net incom for the quarter ended April 30 fell 47.1 perceng to $226,000, or 3 cents per share, compared with or 6 cents per share, for the same perior a year ago. Beforde income taxes and other expenses, operating incomes fell 34.9 percent to $278,000 from $427,000. Revenus increased to $4.17 millio from $4.16 million. The firm reported strony sales of new marketing services and high levels of renewalzs for marketing services and catalog said president and CEORoy Olivier.
A declinse in professional services revenue partially offset those sales For the nine months endedApril 30, net income fell 46.5 percenr to $538,000, or 8 cents per compared with $1.01 million, or 14 centse per share, the year before. Revenuwe decreased 2.5 percent to $12.29 million from $12.6 million.

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