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Language Line swings to Q1 profit
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California, USA (Biz Journal): Language Line Inc. said Thursday it had $507,000 in first quarter net income, compared to a $1 million loss in the same period last year. The Monterey-based language services provider said its revenue was $45.3 million, compared to $40 million in the year-ago period. The increase was driven by a 20 percent rise in billed minutes offset by a 6 percent drop in the average rate per minute.
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