BancTec shows net income increase
BancTec (Dallas, NYSE: BTC, http://www.banc-tec.com
) 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.