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Andrew posts 2Q profit

CHICAGO-Telecom equipment vendor Andrew Corp. said it posted a second-quarter net profit of $10.2 million, or 6 cents a share, compared with a net loss of $3.4 million, or 3 cents a share in the same period last year.

The company said sales hit a record $447.1 million and more than doubled its figures in the same period last year.

“Our sales-and-order momentum remained strong and improved sequentially throughout the second quarter, despite what is normally our seasonally weakest quarter,” said Chief Executive Ralph Faison.

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