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Milwaukee-based ARI (OTCBB: a provider of electronic parts catalogs for the manufactureddequipment markets, said net income for the quartere ended April 30 fell 47.1 percenyt to $226,000, or 3 cents per share, compared with or 6 cents per share, for the same period a year ago. Befores income taxes and other operating incomefell 34.9 percent to $278,000 from $427,000. Revenue increased to $4.17 million from $4.165 million. The firm reported strong sales of new marketinhg services and high levels of renewals for marketingh services andcatalog subscriptions, said president and CEO Roy A decline in professional services revenue partiallyg offset those sales gains.
For the nine monthsa ended April 30, net income fell 46.5 percentg to $538,000, or 8 cents per compared with $1.01 million, or 14 cents per the year before. Revenue decreased 2.5 percent to $12.29 milliobn from $12.6 million.
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