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TRM reports smaller loss on lower revenue

April 3, 2008

Portland Business Journal:TRM Corp., which owns and manages ATM machines in shopping malls and retail stores, reported 16 percent less revenue in 2007 than 2006.

The company reduced its loss from $120 million in 2006 to $8.4 million in 2007.

Portland-headquartered TRM reported $90.4 million in revenue for 2007, down from $107.7 million in 2006. Revenue was lower partly because TRM sold its U.S. and United Kingdom photocopier machine businesses and its Canadian ATM business last year.

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TRM reports smaller loss on lower revenue

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TRM reports smaller loss on lower revenue

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