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Irvine Sensors Has 1st-Quarter Loss: Facing higher costs for investments in developing its semiconductor technology for commercial markets, Irvine Sensors Corp. Tuesday reported a loss for
its first quarter ended Dec. 29. The Costa Mesa company lost $208,100, or 2 cents a share, compared to a loss of $83,500, or 1 cent, a year earlier. Revenue was $964,000, up from $952,300 a
year earlier. The company specializes in packing sophisticated computer chips into small packages. Its customers had been primarily military, but the company is trying to expand into
commercial markets. MORE TO READ