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Parlay Releases Results For Q1 2009
 28 May 09
Parlay Entertainment released numbers for the three-months ending March 31, 2009.

According to the online and TV bingo software solutions provider's website, "Consolidated revenues were $1.0 million in Q1 2009 compared to $2.0 million in Q1 2008."

"Expenses in Q1 2009 were $1.3 million, down from $2.5 million in Q1 2008. The decrease represented reduced compensation expenses together with the absence of certain non-recurring expenses in Q1 2008."

"Net loss for the quarter was $0.2 million, or $(0.02) per diluted share, compared to a net loss of $0.3 million, or $(0.02) per diluted share in Q1 2008."

"Parlay remains debt free and Parlay's cash balance at March 31, 2009 was $3.0 million."

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