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Miranda Technologies Inc.

09:46 AM EST - Miranda Technologies Inc. : reported first-quarter net income of $1.1 million or $0.05 per share, compared to $3.5 million or $0.14 per share in the same quarter last year. Sales for the quarter were $33.2 million, up 30 per cent from $25.5 million in the comparable quarter last year. Miranda Technologies Inc. shares T.MT are trading down $1.09 at $5.44.