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

Newport Corp.: The Irvine manufacturer of equipment for lasers and optics said net income for the second quarter rose 14% to $976,000, or 11 cents a share, from $854,000, or 10 cents a share, for the same period last year. The 1995 period included nonrecurring investment income totaling $237,000. Sales advanced 18% to $30.1 million from $25.5 million.

For the six-month period, net income increased 12% to $1.9 million, or 22 cents a share, from $1.7 million, or 20 cents a share, a year ago. Sales increased 17% to $58.1 million from $49.8 million. Newport Corp. said results benefited from strong sales in the U.S. and Pacific Rim, along with sales from MikroPrecision Instruments, Inc., which was acquired in January.