Teledyne Technologies (TDY) Tops Q2 EPS by 44c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

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Go back to Teledyne Technologies (TDY) Tops Q2 EPS by 44c, Revenues Beat; Boosts FY18 EPS Outlook Above Consensus

Teledyne Technologies Reports Second Quarter Results

August 2, 2018 6:55 AM EDT

THOUSAND OAKS, Calif.--(BUSINESS WIRE)-- Teledyne Technologies Incorporated (NYSE: TDY):

Record sales of $732.5 million, an increase of 9.1% compared to last year Record GAAP earnings per diluted share of $2.32 Record operating margin Raising full year 2018 GAAP earnings outlook to $8.18 to $8.28, an increase from the prior outlook of $7.67 to $7.77

Teledyne today reported second quarter 2018 net sales of $732.5 million, compared with net sales of $671.1 million for the second quarter of 2017, an increase of 9.1%. Net... More