Anritsu enhances automated testing with SmartViser stake

Anritsu Corporation, a Japanese measurement equipment manufacturer, has launched advanced wireless communication testing solutions for vehicles and acquired a 32.72% stake in SmartViser SAS to enhance automated testing capabilities. The company reported a revenue CAGR of 2.4% over FY 22-25, with a decline in EBITDA and net income. Anritsu's stock has delivered a 73.5% return over the past year, trading at a P/E of 22.8x. Analysts project a revenue CAGR of 7% and EBITDA CAGR of 10.5% for FY 25-28, indicating growth potential despite recent performance challenges.