ARI Network Services, Inc. (ARIS) Reports In-Line Q1 EPS

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ARI Network Services, Inc. Announces First Quarter Fiscal 2017 Results

December 15, 2016 4:01 PM EST

MILWAUKEE, WI -- (Marketwired) -- 12/15/16 -- 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 first quarter of fiscal 2017 ended October 31, 2016.

Highlights for the first quarter of fiscal 2017 included:

Revenue increased for the 11th consecutive quarter to $12.3 million, which compares with $11.7 million for the same period last year, a 4.6% increase. Recurring revenues increased 7.4% to $11.5... More