Search
Menu
Gentec Electro-Optics Inc   - Measure With Gentec Accuracy LB

Newport Sees Almost 11 Percent Sales Increase

Facebook X LinkedIn Email
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

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: May 2014
    AmericasBusinessindustrialNewport Corp.OpticsRobert J. PhillippyLasers

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.