Anaren Inc. (ANEN) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.22-0.30 for the period.

Shares of Anaren Inc. (ANEN) traded down 0.78% during mid-day trading on Tuesday, hitting $19.17. Anaren Inc. (ANEN) has a 52 week low of $15.84 and a 52 week high of $21.62. The company has a market cap of $253.2 million and a P/E ratio of 32.75.

Anaren last announced its earnings results on Tuesday, October 23rd. The company reported $0.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.25 by $0.02. Anaren’s revenue was up .9% compared to the same quarter last year. On average, analysts predict that Anaren Inc. (ANEN) will post $1.20 earnings per share for the current fiscal year.

Anaren, Inc. (Anaren) is a provider of microelectronics, and microwave components and assemblies for the wireless and space and defense electronic markets.

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