BEAVERTON, Ore.-Tektronix Inc. said it achieved net sales of $217.9 million and net earnings of $36.5 million, or 42 cents per share, for the second fiscal quarter of 2004, ended Nov. 29. Results are improved from the year-ago period’s net sales of $203.6 million and net earnings of $8.4 million or 10 cents per share.
“At 25-percent growth, this was our strongest order level in more than two and a half years, due primarily to strengthening in the overall market and good response to new products,” said Rick Wills, Tektronix’ chairman and chief executive officer.
The company expects similar results for the third quarter of fiscal 2004, with sales to be approximately $220 million to $230 million and earnings per share between 23 cents and 25 cents.
