Laser Precision Corp.: The Irvine manufacturer of...

Laser Precision Corp.: The Irvine manufacturer of test and measurement instruments reported second-quarter net income of $111,000, down from $264,000 for the corresponding year-earlier period. Revenue rose slightly, to $6.8 million from $6.7 million. For the first six months, net income was $216,000, in contrast with $546,000 for the first half of 1989. Revenue increased 5%, to $13.7 million from $13.1 million.