DeWITT — Profit rose to $3.5 million, or 27 cents a share, in the fiscal second quarter at Anaren, Inc. (NASDAQ: ANEN) from $1.2 million, or 8 cents a share, a year earlier.
The DeWitt–based company released its second quarter results Tuesday. Net sales increased 6.3 percent to $38 million for the period.
Anaren employs about 800 people. The company develops and manufactures components and subsystems for markets including satellite communications, defense, and wireless communications.
(Sponsored)
Finding the Right Business Banking Partner: 4 Considerations to Support your Search
In today’s increasingly dynamic and competitive business environment, finding the right banking partner to meet the needs of your business is critical to your success. Banks are not one-size-fits-all and
Does Your Nonprofit Need an Annual Audit?
Many people wonder if a nonprofit needs an annual audit, and the answer is—it depends.Although there is no federal requirement that all tax-exempt organizations undergo an audit, many possible triggers
Anaren has locations in the Syracuse area, New Hampshire, Colorado, and China.
For more on this story, see Friday’s issue of The Central New York Business Journal.
Contact Tampone at ktampone@cnybj.com
