Increased automated teller machine transaction volume in the first quarter was offset by slowing demand for bank branding deals, Cardtronics Inc. said Thursday, resulting in lower revenue and a wider loss.

The Houston ATM operator reported a net loss of $5 million, up 9.3% from the year earlier. Revenue fell 5.2%, to $115.3 million, but total ATM transactions grew 7%, to 89.3 million.

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