Teledyne Technologies (TDY) Tops Q1 EPS by 30c; Offers FY22 EPS Guidance

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Teledyne Technologies Reports First Quarter Results

April 27, 2022 6:55 AM EDT

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

Record first quarter sales of $1,321.0 million, an increase of 64.0% compared with last year Record first quarter GAAP diluted earnings per share of $4.46 and non-GAAP diluted earnings per share of $4.27 First quarter GAAP operating margin of 16.9% and non-GAAP operating margin of 21.0% Increasing full year 2022 GAAP earnings outlook to $15.34 to $15.66 per share, compared with the prior outlook of $14.10 to $14.55 per share, and narrowing full year non-GAAP earnings outlook to $17.75 to $18.00 per share, compared with $17.60 to $18.00 per... More