Teledyne Technologies (TDY) Tops Q2 EPS by 5c, Lowers FY Guidance

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Teledyne Technologies Reports Second Quarter Results

July 27, 2022 6:55 AM EDT

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

Record second quarter sales of $1,355.8 million, an increase of 20.9% compared with last year Organic sales growth was 8.2% including the negative impact of foreign currency translation Record second quarter GAAP diluted earnings per share of $3.59 Non-GAAP diluted earnings per share of $4.43 Revising full year 2022 GAAP earnings outlook to $15.13 to $15.45 diluted earnings per share, compared with the prior outlook of $15.34 to $15.66, and full year non-GAAP earnings outlook to $17.45 to $17.70, compared with the prior outlook... More