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Teledyne Technologies Reports First Quarter Results

1. TDY reports record first quarter sales of $1.45 billion, up 7.4%. 2. GAAP earnings per share hit $3.99, reflecting strong operational performance.

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+3.37%S&P 500
$461.104/23 07:00 AM EDTEvent Start
$457.7104/24 01:53 PM EDTLatest Updated
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FAQ

Why Very Bullish?

Strong quarterly results and margins encourage investor confidence, similar to past performance spikes.

How important is it?

Significant earnings increase and cash flow generation typically drive investor interest and stock price.

Why Short Term?

Positive earnings could lead to immediate stock performance uplift, as seen in previous quarters.

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THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) Record first quarter net sales of $1,449.9 million, an increase of 7.4% compared with last year First quarter GAAP diluted earnings per share of $3.99 and record first quarter non-GAAP diluted earnings per share of $4.95 Record first quarter GAAP operating margin of 17.9% and record first quarter non-GAAP operating margin of 22.0% First quarter cash from operations of $242.6 million and free cash flow of $224.

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