Laser Precision Corp.: The San Juan Capistrano...

Laser Precision Corp.: The San Juan Capistrano manufacturer of test and measurement instruments and systems recorded a first-quarter profit of $92,000, or 2 cents a share, including a gain of $87,000 related to discontinued operations. That compared to a profit of $17,000, or less than 1 cent a share, for the first quarter of 1993, which included a loss of $144,000 from discontinued operations. Revenue from continuing operations was down 7% to $5.2 million from $5.6 million.