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TTR Tech reports second-quarter loss

TTR Technologies, a developer of anti-piracy software technologies, reported a second-quarter loss--excluding non-cash stock-based compensation charges--of $979,000, or 7 cents per share. Analysts had expected a loss of 8 cents per share, according to First Call. That compares with a loss of $1.07 million, or 6 cents per share, for the same period in 2000. The company generated no revenue for the second quarter as well as the same period in 2000. TTR Technologies has a development and marketing deal with Macrovision, which has been testing copy-protected CDs for the past several months. The CDs were released without notice to consumers to ensure unbiased feedback, according to Macrovision.

TTR Technologies, a developer of anti-piracy software technologies, reported a second-quarter loss--excluding non-cash stock-based compensation charges--of $979,000, or 7 cents per share. Analysts had expected a loss of 8 cents per share, according to First Call. That compares with a loss of $1.07 million, or 6 cents per share, for the same period in 2000. The company generated no revenue for the second quarter as well as the same period in 2000. TTR Technologies has a development and marketing deal with Macrovision, which has been testing copy-protected CDs for the past several months. The CDs were released without notice to consumers to ensure unbiased feedback, according to Macrovision.