Last €15.02 EUR
Change Today +0.94 / 6.69%
Volume 0.0
NP4 On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 12:43 PM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

newport corp (NP4) Snapshot

Open
€14.49
Previous Close
€14.08
Day High
€15.02
Day Low
€14.49
52 Week High
12/9/14 - €15.64
52 Week Low
12/18/13 - €12.29
Market Cap
598.6M
Average Volume 10 Days
1.2
EPS TTM
--
Shares Outstanding
39.8M
EX-Date
09/10/01
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NEWPORT CORP (NP4)

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newport corp (NP4) 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 (NP4) 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: $290.2K
Compensation as of Fiscal Year 2013.

newport corp (NP4) Key Developments

Newport Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter and Full Year of 2014

Newport Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net sales were $146.299 million against $139.037 million a year ago. Operating income was $12.761 million against $6.436 million a year ago. Income before income taxes was $11.803 million against $1.788 million a year ago. Net income attributable to Newport Corporation was $9.470 million or $0.23 diluted per share compared with net income attributable to Newport Corporation was $0.437 million or $0.01 diluted per share for the same period last year. Non-GAAP operating income was $19.552 million against $18.313 million a year ago. Non-GAAP net income was $13.581 million or $0.33 diluted per share against $12.442 million or $0.31 diluted per share a year ago. In the third quarter, the company generated $5.4 million of cash from operations, which was well below the $24.2 million it generated in the second quarter of 2014. The relatively low cash generation was due primarily to the timing of accounts receivable collections and payments at the end of the quarter, including the payout of bonuses related to its semi-annual cash incentive plan. For the nine months, the company reported net sales were $446.421 million against $405.878 million a year ago. Operating income was $38.772 million against $16.452 million a year ago. Income before income taxes was $36.180 million against $7.625 million a year ago. Net income attributable to Newport Corporation was $26.308 million or $0.65 diluted per share compared with net income attributable to Newport Corporation was $5.845 million or $0.15 diluted per share for the same period last year. Non-GAAP operating income was $57.474 million against $42.236 million a year ago. Non-GAAP net income was $38.758 million or $0.96 diluted per share against $26.360 million or $0.67 diluted per share a year ago. On a year-to-date basis, sales have increased in every end market, except defense and security. And overall year-to-date sales are up by 10% over the prior year. This is the result of both improved overall market conditions and the positive results of its growth initiatives. The company anticipate returning to a strong cash generation in the fourth quarter of this year. In the fourth quarter, The company expects its sales to be in the range of $150 million to $156 million, resulting in record sales for the full year of 2014. The company expects to generate a slight sequential increase in earnings and a significant sequential increase in cash from operations on this higher sales level. Looking forward, it believe that its high level of backlog, together with the effective implementation of strategic initiatives, will drive continued sales growth in 2015, and that the contribution of sales from the acquisition of V-Gen, which closed at the beginning of the fourth quarter, will further enhance this growth.

Newport Corp. to Report Q3, 2014 Results on Oct 29, 2014

Newport Corp. announced that they will report Q3, 2014 results at 5:00 PM, US Eastern Standard Time on Oct 29, 2014

Newport Corp., Q3 2014 Earnings Call, Oct 29, 2014

Newport Corp., Q3 2014 Earnings Call, Oct 29, 2014

 

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NP4

Industry Average

Valuation NP4 Industry Range
Price/Earnings 20.4x
Price/Sales 1.2x
Price/Book 2.0x
Price/Cash Flow 20.1x
TEV/Sales 1.0x
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