Smaller Packages Cause Revenue, Income Shortfalls for Advo

Advo Inc., the Windsor, CT-based shared mail package marketer, had net income of $12.4 million on revenue of $281.8 million in its third quarter, down from $14.7 million and $295.8 million, respectively, in third quarter 2000. The quarter ended June 30.

The revenue per piece mailed was up by 1.9% over the prior year