Andrew Corp. (NASDAQ:ANDW), a supplier of communications systems equipment and services, is reporting record first-quarter results for the first fiscal quarter ended Dec. 31, 2000.
Sales grew 20 percent, orders increased 18 percent and net income rose 25 percent compared to year-earlier levels. According to a company press release, first quarter net sales of $280.5 million, marking a first-quarter record, increased 20 percent over the $233.6 million in the year-earlier quarter.
Andrew Reports Record Numbers
Andrew Reports Record Numbers