Newport Corp.: The Irvine manufacturer of laboratory...
Newport Corp.: The Irvine manufacturer of laboratory equipment reported a second-quarter profit of $371,000, or 5 cents a share, on sales of $23.2 million. For the first half, earnings totaled $519,000, or 7 cents a share, on sales of $45.2 million. In January, as previously announced, Newport changed to a calendar fiscal year from its previous July 31 fiscal year-end. Because of that change, no directly comparable quarterly or six-month results were available.
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