DeWITT — Profit at Anaren, Inc. (NASDAQ: ANEN) rose 16 percent during the company’s fiscal first quarter to $2.9 million.
Earnings per share for the period, which closed Sept. 30, rose to 21 cents, up from 17 cents a year earlier. Net sales in the first quarter rose 0.9 percent to $39.1 million, driven mainly by an increase in the company’s space and defense business.
DeWitt–based Anaren (NASDAQ: ANEN) employs about 800 people. The company develops and manufactures components and subsystems for markets including satellite communications, defense, and wireless communications.
(Sponsored)
It’s Time for Your Business to Think About Year-End Tax Planning
As the year-end approaches, it’s time to take proactive steps to help lower your business’s taxes for 2024 and beyond. Deferring income and accelerating deductions to minimize taxes can be
Latest Tax Scams and Schemes for Tax Filing Season
With the 2024 tax filing season upon us, now is a great time to remind taxpayers to stay vigilant and watch out for bogus tax strategies and schemes. Now more
Anaren has locations in the Syracuse area, New Hampshire, Colorado, and China.
For more on this story, see this week’s issue of The Central New York Business Journal.
Contact Tampone at ktampone@cnybj.com
