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BancTec shows net income increase

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BancTec (Dallas, NYSE: BTC, reports Q1 '97 revenue of $142.4 million, which compares with $140.1 million in Q1 '96. Net income of $10 million represents an increase of 15.5% from Q1 '96 results of $8.7 million. BancTec recently traded at a 52-week high of 26.13.

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