TRX Starts 'Year of Change' with Lower Earnings

TRX Inc. reported lower revenue and earnings for the first quarter of a year it has described as transitional. Acknowledging that results represented "a tough comparison with Q1 2006," president and CEO Trip Davis reiterated that "2007 is a year of change for us, in many respects." He said those elements include an exit from the call-center business, new opportunities in data reporting, a new global agreement with Expedia and "investments in clients and products that we believe will position us

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