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Revenue Up as Income Slips for Advo
Jul 26, 2005 7:58 PM
Shared mail firm Advo Inc. reported $13 million in third quarter revenue, down from the $13.2 million it generated during third quarter 2004. The company’s revenue rose from $318.9 million a year ago to $353.6 million. The quarter ended June 25. The Windsor, CT-based firm sent out 15.9% more advertising pieces during the quarter, and increases in its frequency and reach – particularly in southern California – spurred a 15.8% jump in shared advertising packages. But the overall revenue per piece dropped 4%. The number of pieces per envelope held steady at 8.43. |
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