New England Business Service Inc. reported net income of $4.6 million during third quarter 2002, up from $3.5 million last year. Its quarterly revenue was $132.9 million, $24,000 higher than it generated one year ago.
Among its five operating units, only apparel took a loss. The company attributed the drop to lower promotional spending throughout the industry. The unit lost $992,000, compared to generating $506,000 a year ago, and had sales of $12 million, down from $12.6 million. The quarter ended March 30.
Its largest unit, Direct Marketing
