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Aurora Electronics Inc.: The Irvine provider of...

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Aurora Electronics Inc.: The Irvine provider of spare parts support, electronics recycling and asset-recovery services said net income for the first quarter of fiscal 1996 ended Dec. 31 totaled $104,000, or 1 cent a share, compared with $877,000, or 11 cents a share, for the same quarter a year ago. Revenue dropped 21% to $29.9 million from $37.8 million. The company attributed the revenue decline to elimination of its Premier division.

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