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

Newport Corp.: The Irvine manufacturer of equipment for laser and optics technology had profit of $3.3 million, or 47 cents a share, last year, contrasted with a net loss of $3.7 million, or 53 cents a share, for 1993. Revenue rose to $85.6 million from $84.1 million. Fourth-quarter profit was $1 million, or 14 cents a share. For the 1993 fourth quarter, the company lost $4.7 million, or 67 cents a share, which included restructuring and other charges totaling $5.1 million. Sales were up to $22.7 million from $19.9 million.