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Profit, sales increase at Anaren

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)

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

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