Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62044)	3/14/2002 12:32:08 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Anadigics Says 1st-Qtr Revenue Will Be Better Than Expected By Vivien Lou Chen 03/13 17:21 quote.bloomberg.com Warren, New Jersey, March 13 (Bloomberg) -- Anadigics Inc., a maker of chips used in cell phones and cable devices, said first- quarter revenue will be better than it previously expected because of strong demand for its products. Anadigics's wireless revenue will be $9 million, above the $8 million the company forecast in January, and broadband revenue will be about $10 million, said company spokesman Tim Blanke. The company, based in Warren, New Jersey, designs and makes radio frequency chips used to process and control communication signals. It will report first-quarter earnings on April 22. Anadigics shares fell 73 cents, or 5.7 percent, to $12.07. They've dropped 7.2 percent over the past 12 months. The news was announced after U.S. markets closed.