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

Sync Research Inc.: The Irvine developer of computer networking products reported a first-quarter net loss of $6.2 million, or 36 cents a share, compared with a net loss of $1.6 million, or 10 cents a share, for the 1996 first quarter. Revenue declined 44% to $5.1 million from $9.1 million.