Smith Micro Software Inc.: The Aliso Viejo...

Smith Micro Software Inc.: The Aliso Viejo provider of communication software for personal computers incurred a net loss of $1.2 million, or 8 cents a share, for the first quarter, compared with a net loss of $3.6 million, or 26 cents a share, for the corresponding 1996 period. During the first quarter of 1996, Smith Micro acquired Performance Computing Inc., which resulted in a onetime pretax charge of $5.2 million. Revenue fell to $2.7 million from $7.3 million.