Teledyne Technologies (TDY) Tops Q1 EPS by 43c, Offers Guidance

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Teledyne Technologies Reports First Quarter Results

April 28, 2021 6:55 AM EDT

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

Record first quarter sales of $805.7 million Record first quarter GAAP diluted earnings per share of $2.23 First quarter adjusted diluted earnings per share of $3.02 increased 39.2% and excluded pretax charges of $39.0 million ($0.79 per share) related to the pending acquisition of FLIR Systems, Inc., compared to prior outlook of $2.55 to $2.60, which also excluded FLIR Record first quarter GAAP operating margin of 16.8% and adjusted operating margin of 17.5%, excluding pretax charges of $5.9 million related to the FLIR... More