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API Technologies Posts Q1 Loss

API Technologies Corp. (ATNY) Tuesday reported first-quarter loss of $14.42 million, compared to a profit of $0.77 million in the same period last year.

Comprehensive loss for the quarter totaled $15.84 million or $0.26 per share, compared to a profit of $0.84 million or $0.01 per share last year.

Revenues dropped to $67.16 million from $70.72 million last year.

by RTTNews Staff Writer

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