SMYRNA, Ga. -- Paragon Mortgage Corp. incurred a net loss of $1.1 million, or 14 cents a share, on revenues of $9.6 million for the six months ended March 31. Results for the period were audited and are part of a new fiscal year ended March 31, 1994.

Paragon also announced that its loss for the fiscal year ended Sept. 30, 1993, had been restated to $866,347, or 11 cents a share, compared with a loss of $572,242, or 7 cents a share, announced previously.

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