Newport Corp (NEWP) Tops Q3 EPS by 3c
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Newport Corporation Reports Third Quarter 2015 Results
November 4, 2015 7:30 AM ESTIRVINE, Calif., Nov. 4, 2015 /PRNewswire/ -- Newport Corporation (NASDAQ: NEWP) today reported financial results for its third quarter and nine months ended October 3, 2015, and its outlook for the fourth quarter of 2015. The company noted the following regarding the third quarter results:
Net sales of $147.6 million and new orders of $146.5 million; Net income of $7.1 million, or $0.18 per diluted share, when measured according to generally accepted accounting principles (GAAP); Non-GAAP net income of $12.4 million, or $0.31 per diluted share, excluding the amortization of intangible assets, stock-based compensation expense,... More