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Technology / AI and automation

COMPANY RESULT: BITSTREAM INC

Bitstream Inc, the Cambridge, Massachusetts electronic information software company, reported a net loss of $6.3m for the second quarter to June 30 against a profit of $504,000 on revenue which rose 16.9% to $3.1m. The company was hit by $6.3m charges from its merger with Archetype Inc.

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CBR Staff Writer

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