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Newport says defense spending key to profit bid
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Irvine's Newport Corp. says increased sales to defense contractors could help push it back to profitability in the fourth quarter.
"We'll see growth in defense," said Chief Executive Robert Deuster at last week's Roth Capital Partners LLC's investment conference in Dana Point. "This is a return-to-profitability year for Newport."
Newport makes gear that automates production of fiber optic networking devices and chips. It also makes measurement and inspection products for the automotive, computer and medical technology markets.
The slowdown in telecommunications hit Newport hard. The ...
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Inmarsat Group Limited Reports Fourth Quarter and Financial Year 2004 Results and Confirms Date for Launch of Inmarsat-4 F1 Satellite.
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WestJet Announces 2004 Year-End and Fourth Quarter Results
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CPI Plastics Group Ltd. Announces Fourth Quarter and 2004 Fiscal Results
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Sonoco is up, high input costs hurt IP, GPI.(FOURTH QUARTER)
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Danier Leather Reports Fiscal 2007 Fourth Quarter and Year End Results
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