Key Developments For Anaren Inc
Anaren Inc (ANEN.O) (Nasdaq)
Anaren, Inc. Issues Q2 2010 Guidance In Line With Analysts' Estimates
Anaren, Inc. announced that for the second quarter of 2010, it expects net sales to be in the range of $40-$44 million, GAAP net earnings per diluted share (EPS) to be in the range of $0.18-$0.22, using an anticipated tax rate of approximately 32.0% and inclusive of approximately $0.05-$0.06 per share related to expected equity based compensation expense and acquisition related amortization of acquired intangibles. Non-GAAP net EPS is expected to be in the range of $0.23-$0.27 for the second quarter of 2010. According to Reuters Estimates, analysts were expecting the Company to report revenue of $43 million and GAAP EPS of $0.21 for the second quarter of 2010.
Anaren, Inc. Launches First In Family Of New, Surface-Mount Xinger Brand Couplers Designed for Defense Applications and Bands
Anaren, Inc. announced that it has introduced three Xinger-brand couplers specifically designed to cover the wide range of bands of interest to manufacturers of defense equipment, such as military radio receivers and counter-IED products, among other applications. Available in three formats, the smallest measuring only 0.20 x 0.56 x 0.089.
Anaren, Inc. Issues Q1 2010 Outlook; EPS Outlook Below Analysts' Estimates
Anaren, Inc. announced that for the first quarter of 2010, it expects net sales to be in the range of $40 to $43 million, GAAP net earnings per diluted share (EPS) to be in the range of $0.15 - $0.20, inclusive of approximately $0.05 - $0.06 per share related to expected equity based compensation expense and acquisition related amortization of acquired intangibles and non-GAAP net earnings per diluted share to be in the range of $0.20 - $0.25. According to Reuters Estimates, analysts on an average were expecting the Company to report EPS of $0.27 on revenue of $43 million for the first quarter of 2010.
Anaren, Inc. Issues Q4 2009 Guidance In Line With Analysts' Estimates
Anaren, Inc. announced that for fourth quarter of 2009, it expects net sales to be in the range of $41-$46 million, GAAP net earnings per diluted share to be in the range of $0.19-$0.23 using an anticipated tax rate of approximately 31.0% and is inclusive of approximately $0.05-$0.06 per share in charges related to expected equity based compensation expense and amortization of acquired intangibles related to the two recent acquisitions and non-GAAP net earnings per diluted share to be in the range of $0.25-$0.29. According to Reuters Estimates, analysts were expecting the Company to report revenues of $44 million and EPS of $0.27 for the same period.
Anaren, Inc. Issues Q3 2009 Outlook In Line With Analysts' Estimates
Anaren, Inc. announced that for third quarter 2009, it expects net sales to be in the range of $41 million to $46 million, GAAP net earnings per diluted share to be in the range of $0.17 - $0.20 using an anticipated tax rate of approximately 31% and accounting for approximately $0.06 - $0.07 per share in charges related to expected equity based compensation expense and amortization of acquired intangibles related to the two recent acquisitions. Non-GAAP net earnings per diluted share are expected to be in the range of $0.23 - $0.27. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $44 million and non-GAAP earnings per share (EPS) of $0.24 for third quarter 2009.
