ANADIGICS (ANAD -2.8%) dips after missing on its Q1 EPS results late yesterday. Revenue dropped...

|By:, SA News Editor

ANADIGICS (ANAD -2.8%) dips after missing on its Q1 EPS results late yesterday. Revenue dropped 34% Y/Y as sales of its legacy products slowed more than anticipated. Craig-Hallum cut the shares to hold on the report, citing concerns over growth.