Comarco Inc.’s Revenue Up; Net Income Slips

Comarco Inc., an Irvine wireless communication company, reported second-quarter net income of $774,000, or 15 cents a share, which included a one-time charge of $1.3 million for severance costs. Net income for the year-earlier period totaled $1 million, or 21 cents a share. Revenue for the quarter ended July 31 increased 33% to $12 million.