Office products direct marketer New England Business Service Inc. , based in Groton, MA, reported net income of $7.2 million for the quarter ended June 24, a slight gain over$6.8 million in the same period in 1999.
Revenue for the fourth quarter grew to $117.1 million from the prior year’s $115.5 million.
For the year ended June 24, net income was $29.4 million, an 11% increase over last year’s $26.5 million. For the year, revenue increased 3% to a record $485.4 million versus last year’s $470.5 million.
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