SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   ----------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(D) of the
                         Securities Exchange Act Of 1934

       Date of Report (Date of earliest event reported): October 23, 2003

                                  ANAREN, INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

             New York                     000-6620              16-0928561
  ----------------------------       ----------------       -------------------
  (State or Other Jurisdiction       (Commission File        (I.R.S. Employer
        of Incorporation)                 Number)           Identification No.)

      6635 Kirkville Road, East Syracuse, New York                13057
      ------------------------------------------                ----------
        (Address of Principal Executive Offices)                (Zip code)

                                 (315) 432-8909
              ----------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)

          -------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)




ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

      (c)   Exhibits.

            99.1  Press Release of Anaren, Inc. dated October 23, 2003

ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

      On October 23, 2003, Anaren, Inc. issued an earnings release announcing
its financial results for the first quarter ended September 30, 2003. A copy of
the earnings release is attached as Exhibit 99.1.





                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                     ANAREN, INC.

Date: October 23, 2003                               By: /s/ Lawrence A. Sala
                                                         -----------------------
                                                         Lawrence A. Sala
                                                         President and
                                                         Chief Executive Officer