Agent Information Software, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2017
June 14, 2017 at 02:20 pm EDT
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Agent Information Software, Inc. reported earnings results for the first quarter ended March 31, 2017. For the quarter, AIFS reported a net income of $114,255, up $112,735 from 2016 first quarter income, representing a total first quarter net revenue of $1,240,559, in-line with forecasts. Sales of SHAREit, the company’s resource sharing solution, continues to be strong, with the company increasing the number of U.S. states using the solution, having added 3 new U.S. states to its impressive state-wide resource sharing portfolio. The company reported EPS of $0.03 on weighted average shares outstanding of 4,269,610 and a diluted EPS of $0.02 on weighted average shares outstanding of 4,764,527.
Agent Information Software, Inc., through its wholly owned subsidiaries Auto Graphics, Inc. and A-G Canada, Ltd., provides software products and services used to create, manage, publish and access information content via the Internet/Web. Auto Graphics, Inc. provides software products and services to customers in the library community and publishing markets throughout the United States. A-G Canada Ltd. provides software products and services to customers in the library community in Canada. The Companyâs products include VERSO, SHAREit, MONTAGE and RESEARCHit. The VERSO Integrated Library System (ILS) allows library to select and pay for only the services needed. SHAREit is an online-based resource sharing platform. MONTAGE is a cloud-based digital collection solution. RESEARCHit is a federated search solution, that allows researchers to search a range of e-content resources and yield a common de-duplicated result set.