Sync Research Inc.: The Irvine developer of...

Sync Research Inc.: The Irvine developer of computer networking products reported a net loss for the first quarter of $860,000, or 6 cents a share, contrasted with earnings of $7,000 for the first period a year ago. Revenue was up 43% to $6 million from $4.2 million. The company said results were affected by an unexpected decline in sales of its older-product line.