Saturday, August 15, 2009

Anadigics 10Q

Revenue and margin collapse:
  • Net sales decreased 60.9% during the second quarter of 2009 to $31.5 million from $80.5 million in the second quarter of 2008.
  • Sales of integrated circuits for wireless applications decreased 53.0% during the second quarter of 2009 to $23.2 million from $49.3 million in the second quarter of 2008.
  • Sales of integrated circuits for broadband applications decreased 73.4% during the second quarter of 2009 to $8.3 million from $31.2 million in the second quarter of 2008.
Gross margin during the second quarter of 2009 decreased to 8.8% of net sales from 37.2% of net sales in the second quarter of 2008.