GameTech revenue up, but net income down

Reno's GameTech International reported earnings $522,000 on revenues of $13 million in the quarter ended Jan.

31.

This compares with earnings of $913,000 on revenues of $11.8 million in the comparable quarter a year ago.

The company said last week that the decline in its net income refelcted the costs of litigation with a former distributor and higher sales commissions.

The company makes electronic bingo equipment.