Teledyne Technologies (TDY) Tops Q1 EPS by 10c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus, 2Q EPS Mid-Point Views Below Consensus

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Teledyne Technologies Reports First Quarter Results

April 24, 2019 6:55 AM EDT

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

Record first quarter sales of $745.2 million, an increase of 7.1% compared to last year Record first quarter GAAP earnings per diluted share of $2.02, an increase of 11.6% compared to last year Record first quarter operating margin and cash flow Raising full year 2019 GAAP earnings outlook to $9.45 to $9.55 per diluted share, an increase from the prior outlook of $9.25 to $9.35 Acquired the Scientific Imaging... More