ANADIGICS Inc. (ANAD) recently reported revenues of $36.7 in the third quarter of 2009, down 36.8% year over year but up 16.7% sequentially. The reported revenue surpassed management guidance of revenue growth at 5%–10%.  The revenue growth was driven by a boost in the company’s 3G wireless products as well as an earlier than expected recovery in both cable TV and WLAN revenues. Cable set-top box products increased and wireless LAN products jumped 65% sequentially.  Gross margin improved significantly to 24.4% from 10.7% in the previous quarter primarily due to the increased revenue, higher factory utilization and improved yields. Operating expenses increased by $600,000 to $15 million from last quarter on higher R&D cost attributable to new products. Net loss per share came in at 10 cents better than the Zacks Consensus Estimate of a loss of 15 cents.  The company recently announced a foundry ...