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VALLEY EARNINGS

Remote Imaging Narrows Its Losses in 1st Quarter

May 20, 1986

International Remote Imaging Systems said its loss narrowed to $377,000, or 2 cents a share, in the first quarter, from a deficit of $588,000, or 4 cents a share, a year earlier.

The Chatsworth company, which makes urinalysis work stations used by hospitals and commercial laboratories, cited its 35% increase in revenue, to $534,000, as the major reason for the smaller loss. It said operating expenses also were cut.

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