Precision component maker Newport Corp. (NEWP +16.3%) jumps after its Q3 earnings beat EPS...

|About: Newport Corporation (NEWP)|By:, SA News Editor

Precision component maker Newport Corp. (NEWP +16.3%) jumps after its Q3 earnings beat EPS estimates late yesterday. Investors are encouraged as the company continues to deliver on the bottom line growth, despite elusive revenue. Additonally, the company also said it is ahead of schedule in its plan to achieve annualized cost savings of $15M.