ADVO Third Quarter Results Show Continued Strength

Share this article:
Direct mailer Advo Inc., Windsor, CT, announced yesterday that revenue reached $289.7 million in its third quarter, increasing $8.7 million over the same period last year. Net income was $13.6 million, up $3.4 million.


This was the company's third consecutive quarter of improved results, Advo said.


Growth in total advertising piece volumes drove the revenue and profit results. Advo said total shared advertising pieces increased 4.1 percent over the prior year period. Pieces per package grew 4 percent, representing the second consecutive quarter of year-over-year growth in this statistic.


Pieces per package have now grown in each of the last 7 months. Revenue per piece was down 1.4 percent, and packages were up 0.1 percent, Advo said.


Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

News Byte: Comcast Expanding Global Ad Delivery Through Partnership

News Byte: Comcast Expanding Global Ad Delivery Through ...

Through a partnership with Adstream , Comcast's AdDelivery Service expands its footprint across the globe.

40 Under 40 2014: Nominations Are Now Open!

40 Under 40 2014: Nominations Are Now Open!

It's time to nominate the 2014 crop of young marketing luminaries for Direct Marketing News's 40 Under 40 Awards. The deadline is Friday, June 6, 2014.

News Byte: MediaCrossing Partners with ASL Marketing on Youth Marketing Tool

News Byte: MediaCrossing Partners with ASL Marketing on ...

The digital media trading firm and marketing database company aim to help marketers target 13 to 34 year olds.