ORANGE COUNTY EARNINGS

Irvine Sensors Corp.: The Costa Mesa developer and producer of electronics, integrated circuits, and image processing and sensing devices said it lost $1.4 million, or 5 cents a share, for its first fiscal quarter ended Dec. 27. For the same period a year ago, the company reported a profit of $183,400, or 1 cent a share, which included an extraordinary gain of $1.1 million from the settlement of debt incurred at its now-closed Vermont facility. Revenue was up 23% to $2.7 million from $2.2 million.