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

Smith Micro Software Inc.: The Aliso Viejo communication software company, which went public last September, recorded a net loss of $3.5 million, or 25 cents a share, for the first quarter, which included a one-time, pretax charge of $5.2 million related to the acquisition of the research and development activities of Performance Computing Inc. The company earned $1.1 million for the year-earlier quarter. Revenue doubled to $7.8 million from $3.9 million.