1987-09-14, English, Article, Journal or magazine article edition: Tek profit off 88% in 1st quarter. (Tektronix Inc.) (company profile)

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Physical Description
  • company profile
  • Magazine/​Journal article
Published
  • Reed Business Information, Inc. (US), 1987 Sept 14
Language
  • English

Edition details

Title
  • Tek profit off 88% in 1st quarter. (Tektronix Inc.) (company profile)
Also Titled
  • Tek profit off 88% in 1st quarter.
Appears In
  • Electronic News, v33, no.n1672, 1987 Sept 14, p44(2) (ISSN: 0013-4937)
Published
  • Reed Business Information, Inc. (US), 1987 Sept 14
Physical Description
  • company profile
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • Tektronix Inc suffers two non-recurring charges totaling 19 cents a share due to relocation charges of $3.1 million involved in moving the Santa Clara, CA and Austin, TX operations of its CAE Systems division to headquarters in Beaverton, OR; and a $3.4 million loss resulting from possible fraud at its West German sales and service subsidiary, which lent money to a German leasing company that filed for bankruptcy in Aug. The result is an 88 percent drop in profits to $1.75 million on a 1.8 percent dip in revenue to $299.5 million during the 1st qtr ending Aug 22, from profits of $14.6 million on revenue of $304.9 million during the same period in 1986. The relocation cost reflects vacating lease space; moving; and severance pay for 75 employees who face dismissal. Austin had housed VR Information Systems, an IC layout software supplier. Its division, CAE Systems, continues to lose money.
Language
  • English
Database
  • Gale Academic OneFile
  • Gale General OneFile
  • Gale Expanded Academic
Identifier
  • 5271199

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Edith Cowan University. Edith Cowan University Library. Open to the public Periodical; Journal, magazine, other English
Griffith University. Griffith University Library. Open to the public .b14692065; Electronic Resource : Publ. may restrict Doc. Del. Periodical; Journal, magazine, other English
Methodist Ladies' College - Melbourne. MLC Libraries. May not be open to the public Not for ILL Periodical; Journal, magazine, other English
National Library of Australia. Open to the public 756421; Sf 338.47621381 ELE; Vol. 13, no. 645-v. 36, no. 1830 Aug. 6, 1956-Oct. 8, 1990 [Imperfect] Periodical; Journal, magazine, other English
SAE Creative Media Institute - Australia. SAE - Byron Bay. May not be open to the public Held. Not for ILL. Periodical; Journal, magazine, other English
Southern Cross University. University Library Lismore. Open to the public 991012584420402368; Subject to licence conditions Periodical; Journal, magazine, other English
State Library of NSW. Open to the public R NF621.38105/1; Vol. 19, no. 978 (3 June 1974)-v. 29, no. 1465 (3 Oct. 1983) Periodical; Journal, magazine, other English
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National Library of Australia. Open to the public 756421; Sf 338.47621381 ELE; Vol. 13, no. 645-v. 36, no. 1830 Aug. 6, 1956-Oct. 8, 1990 [Imperfect] Periodical; Journal, magazine, other English
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SAE Creative Media Institute - Australia. SAE - Byron Bay. May not be open to the public Held. Not for ILL. Periodical; Journal, magazine, other English
Southern Cross University. University Library Lismore. Open to the public 991012584420402368; Subject to licence conditions Periodical; Journal, magazine, other English
State Library of NSW. Open to the public R NF621.38105/1; Vol. 19, no. 978 (3 June 1974)-v. 29, no. 1465 (3 Oct. 1983) Periodical; Journal, magazine, other English
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Griffith University. Griffith University Library. Open to the public .b14692065; Electronic Resource : Publ. may restrict Doc. Del. Periodical; Journal, magazine, other English
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