Sygnity Spolka Akcyjna reported net loss for the first quarter ended March 31, 2012. For the period, the company reported net loss of PLN 6.4 million. For the quarter, EBIT was negative PLN 3.6 million and revenues were PLN 108 million. The company provided earnings guidance for the year 2012. For the year, the company expects revenues of PLN 580 million to 620 million and an EBIT profitability of 5-7%. The company aims an 8-10% EBIT profitability in the following years. The company plans a further personnel reduction. The company CEO Biedrzycki informed that employment in first quarter fell by some 100 persons and it is not the end several tens of employees may be laid off.