Newport Corp.: The Irvine manufacturer of components,...
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Newport Corp.: The Irvine manufacturer of components, instruments and integrated systems said net income for the second quarter climbed 54% to $1.5 million, or 16 cents a share, from $976,000, or 11 cents a share, a year earlier. Sales advanced 6% to $31.9 million from $30.1 million. For the six months, net income rose 42% to $2.7 million, or 30 cents a share, from $1.9 million, or 22 cents a share, for the prior-year period. Sales rose 8% to $62.9 million from $58.1 million.
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