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

Newport Corp.: The Irvine manufacturer of equipment for laser and optics technology development reported first-quarter profit of $828,000, or 10 cents a share, up 56% from the $532,000, or 6 cents a share, for the like period last year. The company said its year-earlier results were restated to include two recent acquisitions, which were accounted for as pooling of interests. Sales increased 9% to $24.3 million from $22.3 million.