Advo Income Rises Despite Hurricanes Katrina and Rita

Advo Inc. reported net income of $12 million for the first quarter, up from net income of $8.1 million the year before.

The shared advertising mailer reported revenue of $358.2 million for the quarter ended Dec. 24, up 2.3% from revenue of $350.1 million the year before.

The Windsor, CT firm reported an 0.5% drop in shared advertising package distribution decline to $1.04 billion versus the prior year quarter, primarily due to hurricanes Katrina and Rita, which made mail undeliverable in much of the Gulf Coast for several weeks.