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ANAREN ANNOUNCES THIRD QUARTER EARNINGS

 SYRACUSE, N.Y., May 7 /PRNewswire/ -- Anaren Microwave Inc. (NASDAQ: ANEN) has recorded sales of $6,242,054 and net earnings after taxes of $12,259 for the third quarter ended March 27, 1993. These figures represent a 22 percent decrease from sales of $8,007,241, and a $890,888 improvement from the net loss of $878,629, as reported for the comparable period of the prior fiscal year. The earnings per share for the quarter ended March 27, 1993, were $.01 as compared to a loss per share of $.19 for the comparable quarter of the previous year.
 For the nine months ended March 27, 1993, sales totaled $21,336,707, an 8 percent decrease from sales of $23,140,110 at the nine months ended March 28, 1992. Net earnings after taxes were $213,156, a $1,163,930 change from the net loss of $950,774 for the comparable period of the previous year. On a per share basis, the earnings for the nine month period were $.05, as compared to a net loss per share of $.21 for the comparable period of last year.
 Three Months Nine Months
 3/27/93 3/28/92 3/27/93 3/28/92
 Net Sales $ 6,242,054 $ 8,007,241 $21,336,707 $23,140,110
 Net Income
 (Loss) $ 12,259 $ (878,629) $ 213,156 $ (950,774)
 EPS (Loss) $ .01 $ (.19) $ .05 $ (.21)
 Anaren Microwave Inc., located in Syracuse, N.Y., designs and manufactures microwave components, assemblies and receiver systems for use in tactical electronics applications for defense of ships, aircraft and land vehicles. Anaren is traded on the NASDAQ over-the-counter National Market under the symbol ANEN.
 -0- 5/7/93
 /CONTACT: Carl W. Gerst Jr. of Anaren Microwave Inc., 315-432-8909, or Anthony D'Angelo of Sage Marcom Inc., 315-478-6612, for Anaren Microwave Inc./
 (ANEN)


CO: Anaren Microwave Inc. ST: New York IN: ARO SU: ERN

AR -- CL001 -- 5813 05/07/93 09:07 EDT
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Publication:PR Newswire
Date:May 7, 1993
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