Helionetics Inc. reported operating income of $148,000...
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Helionetics Inc. reported operating income of $148,000 for the first quarter ended March 31, contrasted with an operating loss of $260,000 a year earlier. The Irvine electronics company’s sales rose 57% to $1.5 million from $953,000 a year earlier. Helionetics emerged from a Chapter 11 bankruptcy reorganization in February.
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