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

Newport Corp.: The Irvine manufacturer of equipment for laser and optics technology reported net income of $854,000, or 10 cents a share, for the second quarter, down slightly from $862,000, or 10 cents a share, a year earlier. Sales rose 8% to $25.5 million from $23.6 million. First-half profit of $1.7 million, or 20 cents a share, was 21% higher than the $1.4 million, or 17 cents a share, for the first half of 1994. Revenue for the six months rose 9% to $49.8 million from $45.9 million. The company said all amounts for the prior-year periods have been restated to reflect its acquisitions of RAM Optical Instrumentation Inc. and Light Control Instruments Inc. in February and March, 1995, respectively.