Item 2.02. Results of Operations and Financial Condition.
On February 3, 2009, Newport Corporation (the "Registrant") announced its financial results for the fourth quarter and full fiscal year ended January 3, 2009 and its business outlook for the first quarter of 2009. The press release issued by the Registrant in connection with the announcement is attached to this report as Exhibit 99.1.
This information shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing by the Registrant under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as may be set forth by specific reference in such a filing.
Use of Non-GAAP Financial Measures
In the press release attached to this report as Exhibit 99.1, the Registrant has supplemented certain of its financial measures prepared in accordance with accounting principles generally accepted in the United States (GAAP) with non-GAAP financial measures. These non-GAAP financial measures and the reasons for their inclusion are described below. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the Registrant's financial measures prepared in accordance with GAAP. The Registrant has provided non-GAAP measures of net income (loss) and net income (loss) per diluted share for its fourth quarters and full fiscal years ended January 3, 2009 and December 29, 2007 that have been adjusted to exclude a number of income and expense items that management considers to be outside of the Registrant's core operating results. A table detailing the items excluded from such non-GAAP results and reconciling such non-GAAP results with the Registrant's GAAP net income (loss) and GAAP net income (loss) per diluted share for such periods is included following the statements of operations that are a part of the press release attached to this report as Exhibit 99.1. These items have been excluded with the intent of providing both management and investors with a more complete understanding of the Registrant's underlying operational results and performance trends and a more meaningful basis for comparison of such results with the Registrant's historical and expected financial results. In addition, these adjusted non-GAAP measures are among the primary indicators that management uses as a basis for its planning and forecasting of future periods and may also be used by management for other purposes including its evaluation of performance to determine the achievement of goals under the Registrant's incentive plans.
Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. Exhibit No. Description 99.1 Press Release dated February 3, 2009 (furnished pursuant to Item 2.02 and not deemed filed).

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