Last $18.52 USD
Change Today -0.33 / -1.75%
Volume 143.9K
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As of 8:10 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

newport corp (NEWP) Snapshot

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52 Week High
03/4/14 - $21.80
52 Week Low
10/13/14 - $16.06
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newport corp (NEWP) Details

Newport Corporation, together with its subsidiaries, provides technology products and systems for scientific research, microelectronics, defense and security, life and health sciences, and industrial markets worldwide. The company operates in three groups: Photonics, Lasers, and Optics. The Photonics group provides photonics instruments and systems; vibration isolation systems and subsystems; precision positioning devices, systems, and subsystems; optics and opto-mechanical components for research applications; optical hardware; and three-dimensional non-contact measurement sensors and equipment. The Lasers group offers ultrafast lasers and systems, fiber lasers, diode-pumped solid state Q-switched lasers, diode-pumped solid state continuous wave (CW) and quasi-CW lasers, high energy pulsed Nd:YAG and tunable lasers, and gas lasers. The Optics group provides optical lens assemblies and elements for infrared cameras and infrared radiometric/thermograph systems; optics for infrared, visible, and ultraviolet wavelengths; CO2 laser optics; thin-film filters and coatings; replicated mirrors; ruled and holographic diffraction gratings; and opto-mechanical subassemblies and subsystems. The company offers its products under the ILX Lightwave, New Focus, Newport, Ophir, Optimet, Oriel Instruments, Richardson Gratings, Spiricon, and Spectra-Physics brands. Newport Corporation sells its products and services to original equipment manufacturers, end-user customers, and capital equipment customers through direct sales organizations, a network of independent distributors, and sales representatives, as well as through product catalogs and Websites. Newport Corporation was founded in 1938 and is headquartered in Irvine, California.

2,400 Employees
Last Reported Date: 03/13/14
Founded in 1938

newport corp (NEWP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $515.1K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $367.6K
Senior Vice President and General Manager of ...
Total Annual Compensation: $304.4K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $303.2K
Senior Vice President and General Manager of ...
Total Annual Compensation: $277.9K
Compensation as of Fiscal Year 2013.

newport corp (NEWP) Key Developments

Newport Corp. Revises Sales Guidance for the Fourth Quarter of 2014

Newport Corp. revised sales guidance for the fourth quarter of 2014. The company expects sales to be at or above $156 million, which was the high end of a guidance range offered in October.

Newport Introduces Vibration Isolation Platform

Newport Corporation has introduced the VIP100 Super-Compact Vibration Isolation Platform for laboratory and industrial OEM applications. The VIP100 series provides highly effective vibration isolation for small instruments and sensitive applications that require a very small foot print. The VIP100 series from Newport features a sturdy half inch aluminum platform with either metric or imperial mounting holes supported by four super-compact VIB100 vibration isolators. Passive, mechanical bearings employing Newport's patented vibration isolation technology successfully protect sensitive equipment from ambient vibrations and mechanical shocks. The VIB100 isolators are also ideal for lab use and OEM applications, because of their small size and available mounting adapters. Platform sizes range from 8" x 8" to 18" x 18" with a maximum load capacity of 43 lbs.

Newport Corp. Adopts a Certificate of Amendment to its Amended and Restated Bylaws

On December 17, 2014, the Board of Directors of Newport Corp. adopted a Certificate of Amendment to the company’s Amended and Restated Bylaws, which amends Section 2 of Article III of the Amended and Restated Bylaws to change the authorized number of directors of the Company from eight (8) directors to seven (7) directors. The Board believes that a board of seven (7) members is an appropriate size for the Company.


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Price/Sales 1.2x
Price/Book 2.1x
Price/Cash Flow 20.5x
TEV/Sales 1.0x

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