ARI Network Services, Inc. (ARIS) Reports Q1 EPS of $0.02
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ARI Network Services, Inc. Announces Fiscal 2016 First Quarter Results
December 9, 2015 4:01 PM ESTMILWAUKEE, Dec. 09, 2015 (GLOBE NEWSWIRE) -- ARI Network Services, Inc. (NASDAQ: ARIS), an award-winning provider of SaaS, software tools and marketing services that help dealers, distributors and manufacturers Sell More Stuff!, reported financial results today for its fiscal 2016 first quarter ended October 31, 2015.
Highlights for the fiscal first quarter included:
Revenue increased 28.8% to $11.7 million, which compares with $9.1 million for the same period last year and $10.9 million in 4Q15. Recurring revenue increased 31.4% to $10.7 million, which compares with $8.2 million for the same period last year and $9.8 million in... More