Newport Corp.: The Irvine manufacturer of equipment...

Newport Corp.: The Irvine manufacturer of equipment for developing laser and optics technology said profit for the second quarter totaled $987,000, or 14 cents a share, which included $450,000, or 6 cents a share, from onetime investment income. That compared to earnings of $371,000, or 5 cents a share, for the corresponding 1993 period. Revenue declined 6% to $21.8 million from $23.2 million. Year-to-date profit rose to $1.6 million, or 23 cents a share, from $519,000, or 7 cents a share, for the first half last year. Six-month sales were down 7% to $41.9 million from $45.2 million.