Helionetics Inc.: The Irvine diversified high technology...

Helionetics Inc.: The Irvine diversified high technology holding company said it lost $1.5 million, or 6 cents a share, for the first quarter, contrasted with profit of $901,000, or 4 cents a share, for last year’s first three months. Quarterly revenue rose 7% to $17.4 million this year from $16.3 million.