Finet.com Inc., a Web-based mortgage lender that has been shutting some units and taking other cost-cutting measures, had a slight revenue increase in its fiscal first quarter after reporting revenue declines the previous two quarters.

The Walnut Creek, Calif., company had revenues of $2.04 million in the three months that ended July 31, versus $2.03 million in the last quarter of its 1999 fiscal year.

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