May 8 (Reuters) - Baylin Technologies Inc BYL.TO :
* Baylin reports continued positive adjusted EBITDA
* Reports revenue in q1 of 2017 was c$19.8 million, a 5% decrease from a year ago
* Qtrly loss per share $0.08
* Says anticipate quarter-over-quarter spending to increase through balance of fiscal 2017 in comparison to 2016
* Baylin Technologies - "management will explore opportunities to increase scale of our business through a strategic, accretive acquisition or acquisitions" Source text for Eikon: ID:nCNWnNXKKa Further company coverage: BYL.TO