Teledyne Technologies (TDY) Misses Q1 EPS by 2c, Revenues Miss; Lowers FY20 EPS Guidance Below Consensus
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Teledyne Technologies Reports First Quarter Results
April 22, 2020 6:55 AM EDTTHOUSAND OAKS, Calif.--(BUSINESS WIRE)-- Teledyne Technologies Incorporated (NYSE: TDY):
Record first quarter sales of $784.6 million, an increase of 5.3% compared to last year Record first quarter GAAP diluted earnings per share of $2.17, an increase of 7.4% compared to last year Record first quarter GAAP operating margin Adjusting full year 2020 GAAP diluted earnings per share outlook to $9.30 to $10.00, a decrease from the prior outlook of $11.20 to $11.30 Acquired OakGate Technology, Inc.Teledyne today reported first quarter 2020 net sales of $784.6... More
