ANAREN ANNOUNCES FIRST QUARTER EARNINGS
ANAREN ANNOUNCES FIRST QUARTER EARNINGS SYRACUSE, N.Y., Nov. 14 /PRNewswire/ -- Anaren Microwave Inc.,
(NASDAQ: ANEN), has announced results of operations for the thirteen weeks ended Sept. 28, 1991, the first quarter of its 52-week fiscal year ending June 27, 1992.
Net sales for the thirteen-week period were $7,632,826, a 14 percent increase from net sales of $6,686,194 for the first quarter of fiscal 1991. Net income after taxes was $49,882, an $11,154 decrease from a profit of $61,036 reported for the comparable period of the prior year. Income per share for the first thirteen-week period was $.01, compared to income per share of $.01 for the first quarter of the previous year. 13 Weeks Ended 3 Months Ended September 28, 1991 September 30, 1990 Net Sales $7,632,826 $6,686,194 Income after Taxes 49,882 61,036 Income per Share .01 .01 Anaren, headquartered in Syracuse, designs and manufactures microwave components, assemblies and receiver subsystems for use in tactical electronic applications for defense of ships, aircraft and land vehicles. It is traded on the NASDAQ Over-the-Counter National Market under the symbol ANEN. -0- 11/14/91 /CONTACT: Michael G. Rowe of Anaren Microwave Inc., 315-432-8994, or Anthony D'Angelo of Sage Marcom Inc., 315-478-6612, for Anaren/ (ANEN) CO: Anaren Microwave Inc. ST: New York IN: SU: ERN LC -- CL003 -- 4284 11/14/91 09:15 EST
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|Date:||Nov 14, 1991|
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