Presstek Reports Improved Sequential First Quarter 2011 Revenue and Profit
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• Service revenue declined 8.7% to $6.0 million in the first quarter of 2011 compared to the year-ago quarter. This decline is primarily due to the continued erosion of the analog service base, lower installation revenue and a general trend by customers to delay service calls and maintenance to save money in a difficult economy. Service revenue has remained fairly stable during the past four quarters.
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- Companies:
- Presstek Inc.
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