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NTG Slips To Loss In Q1

5/30/2012 11:27 AM ET

NTG Clarity Networks Inc. (NCI.V: Quote) Wednesday reported a loss for the first quarter compared to a profit last year, due mainly to lower revenues.

The Markham, Canada-based company's first-quarter net loss was C$59 thousand, compared to a net profit of C$277 thousand last year.

Total revenues for the quarter dropped to C$1.06 million from C$1.76 million in the prior-year quarter.

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by RTT Staff Writer

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