Teledyne Technologies (TDY) Tops Q2 EPS by 50c, Offers Guidance

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Go back to Teledyne Technologies (TDY) Tops Q2 EPS by 50c, Offers Guidance

Teledyne Technologies Reports Second Quarter Results

July 22, 2020 6:55 AM EDT

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

Sales of $743.3 million and GAAP diluted earnings per share of $2.48 GAAP operating margin of 14.8%, including $8.6 million of pretax charges Record second quarter cash from operations of $155.8 million Affirming and narrowing full year 2020 GAAP diluted earnings per share outlook to $9.45 to $10.00, compared with the prior outlook of $9.30 to $10.00

Teledyne today reported second quarter 2020 net sales of $743.3 million, compared with net sales of $782.0 million for the second quarter of 2019, a decrease of 4.9%. Net... More