STM Wireless Inc.: The Irvine provider of...

STM Wireless Inc.: The Irvine provider of satellite and radio communications products and networks reported a 77% increase in profit for the first quarter, to $552,300, or 9 cents a share, from $295,600, or 6 cents a share, for the 1994 period. Revenue rose 7% to $7.2 million from $6.7 million.