Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
NEWP > SEC Filings for NEWP > Form 8-K on 15-Jan-2014All Recent SEC Filings

Show all filings for NEWPORT CORP

Form 8-K for NEWPORT CORP


15-Jan-2014

Results of Operations and Financial Condition, Regulation FD Disclosure


Item 2.02 - Results of Operations and Financial Condition.

Newport Corporation (the "Registrant") intends to use certain presentation materials for investor meetings beginning on January 15, 2014. The Registrant will also present the materials at the Needham Growth Conference at 10:00 am EST on Thursday, January 16, 2014. Slide 13 of these presentation materials includes the following information regarding the Registrant's expected financial results for the quarter ended December 28, 2013:

"Fourth Quarter 2013

Fourth Quarter Guidance Provided October 30, 2013:

Sales To Be in the Range of $139 - $145 Million

Non-GAAP Operating Income and Net Income Per Diluted Share To Be Slightly Lower Than Q3 2013 Level

Due to Stronger Than Expected Fourth Quarter Performance, We Now Expect to Exceed the Guidance in Both Sales and Profit

Fourth Quarter Orders Expected To Exceed Sales (Book-to-Bill > 1.0) For Fourth Consecutive Quarter, Including the Previously Announced $14 Million Agreement With an OEM Customer for the Collaborative Development of Opto-Mechanical Subsystems for a Next-Generation Semiconductor Equipment Application."

The presentation can be viewed through a live webcast available at http://wsw.com/webcast/needham64/newp and in the "Investor Presentations" section of the "Investor Information" page on the Registrant's website at www.newport.com/investors. A replay will also be available for 90 days after the live presentation at these sites. A copy of the presentation materials, entitled "Newport Investor Presentation - January 2014," has been posted in the "Investor Presentations" section of the "Investor Information" page on the Registrant's website.

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.



Item 7.01 - Regulation FD Disclosure.

On January 14, 2014, the Registrant entered into an Asset Purchase Agreement with MRSI Systems, LLC ("MRSI"), pursuant to which the Registrant agreed to sell, and MRSI agreed to purchase, substantially all of the assets of the Registrant's advanced packaging systems business located in North Billerica, Massachusetts. The transaction is subject to customary closing conditions, and is expected to close in January 2014.

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 they 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.

  Add NEWP to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for NEWP - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.