Anadigics Named Among America's 100 Fastest Growing Companies
Source: Compound Semiconductor staff
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Individual Investor magazine has ranked Anadigics among this year s list of 100 fastest growing companies in the United States.
"Anadigics is honored to be named as one of America s 100 fastest growing companies," remarked Tom Shields, Senior Vice President and Chief Financial Officer at Anadigics , Inc." Anadigics is a leading supplier of semiconductor solutions that enable high speed Internet connectivity, wireless data and voice communication, and advanced digital cable services to the home. We are quite proud to be recognized by Individual Investor as a leader in the growing wireless and broadband communications markets."
To earn a place on the list, a company must have doubled its earnings, compared with year-earlier performance, during at least one of the past four quarters. For the 12 months ending in that banner quarter, the company s revenue must also have increasing by at least 25 percent year after year.
"This year, to try to weed out one-quarter wonders, we ve checked analysts reports to ensure that earnings at each company are projected to grow at least 25 percent annually for the next two years," says chairman and editor in chief Jonathan Steinberg. "Still, projections are just best guesses, and, as in years past, we ve factored in other considerations---everything from prospects for competing companies to business trends and economic conditions---and given a thumbs up or thumbs down on the investment outlook for every company on our list."
For more information see: www.anadigics.com
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Web site: http://www.anadigics.com
