Tech Bytes: National Registry Has Strong Quarter

The seven-year-old biometric security company National Registry Inc. reported its best quarter ever, with first-quarter revenue jumping to $1.35 million from $282,000 in the 1997 period.

The net loss from operations declined to $261,000 from $1.66 million, and the deficit per common share dropped to 1 cent from 6 cents.

Aside from a 32% reduction in operating expense, to $1.3 million, president and chief executive officer John Gustafson cited a positive turn in the commercial biometric authentication market.

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