ATM Provider Shifts To TheRed

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HOUSTON - (06/02/04) -- Cardtronics Inc., the owner of thelargest non-bank ATM fleet, reported a net loss of $123,000, or sixcents a share, for the first quarter of 2004, compared to a profitof $37,000, or two cents a share, for the same period last year.The company, which owns and operates a fleet of 12,000 ATMs, saidrevenues rose 60% for the quarter to $33.2 million, but cost ofrevenues and expenses both rose during the period. The financialresults of the privately owned company, part owner of the AllpointEFT network, were included in documents filed with the Securitiesand Exchange Commission in connection with its planned initialpublic offering.

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