Tektronix earnings rebound.

Video and networking division posts profit after cutting costs, improving margins

Tektronix Inc. has reported a jump in earnings for the third quarter of fiscal year 1998 compared with last year, including a small profit for the company's long-lagging video and networking division.

While Tektronix doesn't give individual earning figures for its color printing, test and measurement, or video and networking businesses, any profit for VND is a big step. The division, which supplies switchers, routers, video servers and nonlinear editors to broadcasters and post-production houses, hasn't been in the black for two years.

After posting a 10% drop in sales for …