ORLAND PARK, Ill.-Andrew Corp. said it had a robust first quarter with a 15-percent sales increase. It had $474.1 million in sales compared with $410.8 million in the year-ago period.
Its net income was $14.6 million, or 9 cents per share, as against the year-ago period when it had a net income of $3.8 million, or 2 cents per share.
The company, which makes wireless equipment, said it acquired selected assets of ATC Tower Services during the period for about $10 million in cash and “assumption of certain lease obligations.”
