31.   The company also warned that revenue may decline in the current quarter as customers adjust their inventory surplus.

32.   The company said revenue from its credit card business remained flat and that per-card revenue declined.

33.   The decline also caused government revenues to decline, widening the budget deficit.

34.   The railroad, he said, was assuming that revenues would decline in the current fiscal year because of problems last year that were really one-time events.

35.   Their overall revenues declined last year, partly because of in part due to federally imposed budget cuts.

36.   While its revenue has declined, profit margins have increased recently, not fallen.

37.   With the sharp rise in interest rates, the recession the country has been in for three years will deepen and tax revenue will decline.

38.   Overall revenues declined due to a drop in modem sales, but the report easily exceeded Wall Street expectations.

39.   Avaya also said it expects quarterly revenues to decline.

40.   But as revenues decline and costs increase, they too are being compelled to consider retrenchment as a last resort.