Helionetics Inc. reported operating income of $148,000...

Helionetics Inc. reported operating income of $148,000 for the first quarter ended March 31, contrasted with an operating loss of $260,000 a year earlier. The Irvine electronics company’s sales rose 57% to $1.5 million from $953,000 a year earlier. Helionetics emerged from a Chapter 11 bankruptcy reorganization in February.