VA-based TNS reported that first quarter revenue rose 10% to $72.7 million, a record first quarter for the Company. The first quarter GAAP net loss was $3.2 million which included a pre-tax charge of $900,000 for executive severance and a $700,000 pre-tax charge for its litigation reserve and special legal expenses. Revenue from the Financial Services Division increased 16.4% to $9.7 million, compared to 1Q/06 driven by increases in new endpoint installations, increases in connectivity between existing customer and increased demand for greater bandwidth connectivity. Revenue from the POS Division increased 5.4% to $19.8 million on 1.4 billion transactions. TNS expects total revenue growth of 2% to 6% to $74 to $77 million for the second quarter. For complete details on TNS’ first quarter performance visit CardData ([www.carddata.com]).