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ANAREN MICROWAVE ANNOUNCES THIRTEEN WEEK RESULTS

 SYRACUSE, N.Y., Aug. 30 /PRNewswire/ -- Anaren Microwave, Inc. (NASDAQ-NMS: ANEN) today announced its results of operations for the 13 weeks and full fiscal year ended June 26, 1993.
 Sales for the year ended June 26, 1993 were $26,996,093, an 18 percent decrease from sales of $33,020,416 reported at June 27, 1992. Sales for the fourth quarter were $5,659,386, a 43 percent decrease from sales of $9,880,303 during the fourth quarter of fiscal 1992.
 Net earnings for the year amounted to $278,446, for earnings per share of 6 cents, compared to a loss during the prior fiscal year of $904,972 for a loss per share of 20 cents. Net results for the fourth quarter were earnings of $65,290 for earnings of one cent per share, compared to earnings of $45,802 and earnings per share of one cent during the fourth quarter for fiscal 1992.
 Weighed average shares outstanding are 4,530,491 for fiscal 1993, compared to 4,502,540 for fiscal 1992.
 ANAREN MICROWAVE, INC.
 Fiscal Year Fourth Quarter
 52 Weeks 13 Weeks
 6/26/93 6/29/92 6/26/93 6/27/92
 Sales $26,996,093 $33,020,416 $5,659,386 $9,880,303
 Net income (loss) 278,446 (904,972) 65,290 45,802
 EPS $.06 ($.20) $.01 $.01
 Anaren, located in Syracuse, designs and manufactures microwave components, assemblies and receiver subsystems for commercial and tactical defense use in electronics applications for telecommunications satellites, ships, aircraft and land vehicle. It is traded on the NASDAQ over-the-counter National Market under the symbol ANEN.
 -0- 8/30/93
 /CONTACT: Carl W. Gerst, Jr., executive vice president of Anaren Microwave, 315-432-8909, or Richard J. Toth of Sage Marcom, 315-478-6612/


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

PS-TS -- NY016 -- 6954 08/30/93 09:06 EDT
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Publication:PR Newswire
Date:Aug 30, 1993
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