Teledyne Technologies (TDY) Tops Q2 EPS by $1.85, Offers FY Guidance

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Teledyne Technologies Reports Second Quarter Results

July 28, 2021 6:55 AM EDT

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

Record sales of $1,121.0 million, an increase of 50.8% compared with last year Second quarter GAAP diluted earnings per share of $1.48 Second quarter non-GAAP diluted earnings per share of $4.61, excluding pretax acquisition-related transaction and purchase accounting expenses of $150.7 million ($3.13 per share) Second quarter GAAP operating margin of 9.3% and non-GAAP operating margin of 22.8% Record second quarter cash flow from operations Issuing full year 2021 GAAP earnings outlook of $8.05 to $8.45 per share and full year 2021 non-GAAP... More