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

Laser Precision Corp.: The Irvine manufacturer of test and measurement instruments said net income for the second quarter totaled $646,000 on sales of $6.3 million. For the like period in 1990, net income was $111,000, which included a loss of $294,000 from discontinued operations. The company reported sales of $5.3 million. Earnings per share rose to 14 cents from 3 cents. Net income for the first half of 1991 totaled $770,000, which included a loss of $616,000 from discontinued operations. For the comparable period last year, net income was $216,000, including a loss of $406,000 from discontinued operations. Earnings per share increased to 16 cents from 5 cents. Sales rose 26%, to nearly $13 million from $10.3 million.