Newport Corporation Reports Second Quarter 2008 Results (PR Newswire)

Wednesday July 30, 4:05 pm ET IRVINE, Calif., July 30 /PRNewswire-FirstCall/ -- Newport Corporation (Nasdaq: NEWP - News ) today reported financial results for its second quarter ended June 28, 2008, and provided guidance regarding its outlook in the third quarter of 2008. Sales in the second quarter of 2008 totaled $117.7 million, an increase of 6.1% compared with the $110.9 million recorded in the second quarter of 2007. Sales in the first half of 2008 totaled $232.9 million, an increase of 6.8% compared with the $218.2 million recorded in the first half of 2007. New orders received in the second quarter of 2008 totaled $110.1 million, a decrease of approximately 1.6% compared with the $111.9 million recorded in the second quarter of 2007. New orders received in the first half of 2008 totaled $235.1 million, an increase of... [read full story]