Lake Street Capital Markets Downgrades ANADIGICS (ANAD) to Hold

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/7/2026

1. MRVL
2. ZS
3. PENG
4. MSFT
5. NVDA
6. STZ
7. SPY
8. SKYD
9. IBM
10. CRWV

Go back to Lake Street Capital Markets Downgrades ANADIGICS (ANAD) to Hold

Anadigics (ANAD) Reports In-Line Q2 EPS

August 6, 2015 4:26 PM EDT

Anadigics (NASDAQ: ANAD) reported Q2 EPS of ($0.05), in-line with the analyst estimate of ($0.05). Revenue for the quarter came in at $15.8 million versus the consensus estimate of $16.14 million.

As of July 4, 2015, cash and cash equivalents totaled $15.2 million, or net cash of $11.2 million, after excluding $4.0 million drawn under the Companys credit facility.

Despite market softness in small cell and some temporary excess customer inventory to work through in... More