New England Business Service, Groton, MA, had third-quarter revenue of $115 million, up 17% from $98 million. The increase was largely driven by the company’s acquisition of McBee Systems in June 1998. Net income was $6.2 million, down slightly from $6.4 million.
The quarter ended March 27.
The company attributes its results, which were lower than it had forecast, to lower sales in Rapidforms and Chiswick units.
NEBS designs, produces and distributes business forms, checks and related printed products and distributes packaging and other products through mail order, telesales, direct sales, dealers and the Internet.
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