Satellite Technology Management Inc.: The Irvine manufacturer...

Satellite Technology Management Inc.: The Irvine manufacturer of satellite and radio communications products reported profit of $513,500, or 9 cents a share, for the third quarter, up from the $39,200, or 1 cent a share, posted for the comparable 1993 quarter. Revenue increased 42% to $7.1 million from $5 million. Year-to-date profit totaled $821,800, or 15 cents a share, contrasted with a net loss of $1.4 million, or 28 cents a share, for the first three quarters of 1993. Revenue jumped to $18.9 million from $10.9 million.