O.C. EARNINGS

The Cerplex Group Inc.: The Tustin provider of high-technology hardware services reported a net loss of $7.3 million, or $1.06 a share, for the fiscal first quarter, compared with a net loss of $5 million, or $8.50 a share, for the comparable period in 1997. The company’s stockholders approved a 1-for-10 reverse stock split on Oct. 5. Revenue rose to $29.5 million from $8.3 million. The Cerplex Group, formerly known as Aurora Electronics Inc., was created as a result of the April 30 merger between the former Cerplex and Aurora.