MTI Technology Corp.: The Anaheim provider of...

MTI Technology Corp.: The Anaheim provider of computer storage solutions reported net income for the fiscal first quarter rose to $3.1 million, or 11 cents a share, from $457,000, or 2 cents a share, for the same quarter of the previous year. Revenue for the three months ended July 5 rose 21% to $43.8 million from $36.2 million.