Agent Information Software, Inc. Reports Earnings Results for the First Three Quarters Ended September 30, 2016
November 03, 2016 at 01:00 pm EDT
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Agent Information Software, Inc. reported earnings results for the first three quarters ended September 30, 2016. The company reported net income of $145,353 for the three quarters ended September 30, 2016, up $98,619 over the same three quarters in 2015. The net income was higher than the forecast for the first three quarters of the year by $54,100. Net sales for the three quarters ended September 30, 2016 were $3,558,563 were down $22,796 or 0.6% from $3,581,359 for the same period last year, due to the decrease of non-recurring revenues.
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.