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Edmund Optics - Manufacturing Services 8/24 LB

Newport Sees Almost 11 Percent Sales Increase

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IRVINE, Calif., May 2, 2014 — Newport Corp. closed the first quarter of 2014 with sales at $146.9 million, an increase of 10.8 percent over the same quarter last year. The advanced technology firm’s quarterly earnings were $7.9 million. All markets except security and defense posted better sales now than a year ago, the company said. The sales figure represented a sequential decline of 4.7 percent, due in part to the sale of the MRSI subsidiary, which contributed $3 million in sales in the fourth quarter. Newport had increased orders for microelectronics and industrial manufacturing products, but there was a...Read full article

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    Published: May 2014
    AmericasBusinessindustrialNewport Corp.OpticsRobert J. PhillippyLasers

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