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Article: Anaren Reports 4th Quarter and Year End Results.
- Article from:
- PR Newswire
- Article date:
- August 4, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Anaren, Inc. today reported results for the fourth quarter and fiscal year ended June 30, 2004. Net sales from continuing operations for the quarter were $24.8 million, up 34% from the fourth quarter of fiscal year 2003, and up 11% sequentially from the third quarter of fiscal 2004.
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Operating income for the fourth quarter was $2.9 million, or 11.6% of net sales, up $2.8 million from the fourth quarter of last year, and up $144,000, or 5.3% sequentially from the third quarter of fiscal 2004. During the quarter the Company reached an agreement to acquire a new facility to support the ...