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Short Take: Tektronix reports jump in profits

Tektronix reported net earnings of $26.7 million, or 80 cents per share, for its first fiscal quarter, compared to net earnings of $22.7 million, or 69 cents per share, a year earlier. Sales increased to $481.3 million, up from $440.1 million last year. Growth to its measurement and color printing businesses more than offset disappointing results in the video and networking unit, the company said.

    Tektronix reported net earnings of $26.7 million, or 80 cents per share, for its first fiscal quarter, compared to net earnings of $22.7 million, or 69 cents per share, a year earlier. Sales increased to $481.3 million, up from $440.1 million last year. Growth to its measurement and color printing businesses more than offset disappointing results in the video and networking unit, the company said.