STM Wireless Inc.

The Irvine communication products company reported a first-quarter net loss of $764,000, or 11 cents a share, compared with net income of $2.5 million, or 33 cents a share, a year ago. The earnings a year ago included an operating credit of $3.2 million and a nonoperating gain of $600,000. The $600,000 gain was from disposing an affiliate. Revenue rose 63% to $6.2 million.