Pancretec reported a $54,871 net loss and...

Pancretec reported a $54,871 net loss and revenue that rose to $1 million from $494,456 for the first quarter ended Sept. 30. The company reported a $292,464 net loss during the first quarter of the previous fiscal year.

Pancretec reported a $29,375 operating profit for the quarter, its first quarterly profit from operations since going public in late 1983. Pancretec reported a $215,888 operating loss during the first quarter of the previous fiscal year.