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Numerex stock hit after earnings

ATLANTA-Wireless telemetry player Numerex Corp. reported revenues of $12,000 for its second quarter, along with a net loss of $889,000.

The company’s stock was down 8 percent after the news to about $5.75 per share.

Company officials also said plans to acquire BT Group plc’s RedCare division are still on hold, although the company is continuing to work with the division.

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