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BRIEF-Cartesian reports Q1 loss per share of $0.17

May 15 Cartesian Inc

* Cartesian reports first quarter 2017 financial results

* Q1 GAAP loss per share $0.17

* Q1 adjusted non-GAAP loss per share $0.09

* Revenues in q1 of 2017 decreased by 30 pct to $14.3 million from $20.3 million in same year-ago period

* "Our Q1 revenues were impacted by delayed project starts within several existing and new clients"

* On a non-GAAP constant currency basis, revenues in Q1 of 2017 were $15.8 million, a decrease of 22 pct

* "We expect revenues to improve going forward but our results demonstrate need to accelerate evolution of our business" Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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