Teledyne Technologies

Teledyne Technologies, Inc. engages in the provision of electronic and communication products for wireless and satellite systems. It operates through the following business segments: Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. The Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial, and other applications, and electronic test and measurement equipment. The Digital Imaging segment includes high-performance sensors, cameras, and systems within the visible, infrared, ultraviolet, and X-ray spectra. The Aerospace and Defense Electronics segment offers electronic components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, and general aviation batteries. The Engineered Systems segment consists of systems engineering, integration and advanced technology development, and complex manufacturing solutions. The company was founded in 1960 and is headquartered in Thousand Oaks, CA.

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Earnings data Q4 2024

Teledyne Technologies excels in 2022 despite challenges, eyes growth

Teledyne Technologies delivered a stellar performance in 2022, achieving record sales and earnings per share despite external challenges.
The company's focus on margin improvement and segment performance highlights its operational strength and strategic positioning for future growth.
While facing challenges from inflation and part shortages, Teledyne remains optimistic about its 2023 outlook with projected sales growth and margin improvement.
Navigating external challenges while capitalizing on growth opportunities will be key for Teledyne to maintain its financial performance and drive shareholder value.

Teledyne reports record Q1 performance, eyes growth opportunities ahead

Teledyne Technologies delivered robust financial results in Q1 2023, driven by record sales and strong operating margins.
The company remains optimistic about its outlook, reaffirming sales and non-GAAP EPS guidance for the full year.
Despite challenges related to market sensitivity and inflation costs, Teledyne's diverse market presence and operational focus position it well for future growth.
Opportunities for Teledyne include strategic M&A, market expansion, and leveraging recovery in specific segments for continued success.

Teledyne Technologies achieves record Q2 sales and earnings growth

Teledyne Technologies delivered exceptional performance in Q2 2023, setting new records across key financial metrics.
The company's focus on operational efficiency and growth in key segments positions it well for future success.
While facing challenges such as debt levels and market uncertainties, Teledyne remains optimistic about its outlook.
Strategic opportunities exist for Teledyne to capitalize on market trends and drive further growth and profitability.

Teledyne Technologies reports record margins and strategic growth initiatives

Teledyne Technologies delivered a strong Q3 performance with record margins and earnings per share, driven by growth in key sectors.
While facing challenges in certain markets and product segments, the company's strategic strengths and opportunities position it for continued success.
Focused efforts on operational efficiency, debt reduction, and strategic acquisitions underscore Teledyne's commitment to long-term growth.
Overall, Teledyne Technologies remains optimistic about its growth trajectory and competitive positioning in the market.

Teledyne Technologies reports record Q4 earnings and eyes sector growth

Teledyne Technologies delivered a strong performance in Q4 2023 with record sales and earnings, supported by robust orders and margin improvement.
The company faces challenges in certain sectors but remains optimistic about growth opportunities, focusing on margin enhancement and revenue growth in 2024.
Strategic strengths in diverse segments, active M&A pipeline, and product line benefits position Teledyne for continued success and market resilience.

Teledyne reports record Q1 performance amidst market challenges

Teledyne Technologies navigated challenges in specific segments while maintaining overall flat sales and operating margin compared to 2023.
Strategic initiatives such as stock repurchases and potential acquisitions demonstrate the company's focus on value creation and growth.
Analysts' questions highlighted areas of concern, but Teledyne's strong financial position and outlook present opportunities for future performance.

Teledyne Technologies reports record Q2 cash flow and sales performance

Teledyne Technologies' Q2 2024 performance exceeded expectations, driven by record free cash flow and strong defense-related sales. While facing challenges in certain segments, the company maintains healthy margins and anticipates sequential sales growth. Opportunities for growth through strategic acquisitions and market expansion are on the horizon.

Teledyne Technologies posts record Q3 sales, eyes growth through acquisitions

Teledyne Technologies reported strong Q3 performance with record sales and growth.
While facing challenges like slight declines in some segments, the company remains optimistic.
Focus on acquisitions, margin improvement, and defense business strength present growth opportunities.
Overall, Teledyne is well-positioned for future growth and shareholder value creation.

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MILAN--(BUSINESS WIRE)--Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has announced that it will be delivering its UltraFORCE® 380X-HDc multi-spectral imaging systems to NL EASP AIR, the first sale of Teledyne FLIR's newly launched surveillance gimbal specially designed for customers outside the United States. NL EASP AIR will install the systems on their three fixed-wing Dornier DO328-110 multi-mission maritime patrol aircraft. The company will deploy UltraFORCE.

Teledyne FLIR Defense to Deliver New Airborne Surveillance Systems to NL EASP AIR for Maritime Search & Rescue Operations

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Teledyne Controls, a subsidiary of Teledyne Technologies (NYSE:TDY) and a leading provider of innovative avionics and aircraft data management solutions, is pleased to announce that its new onboard enhanced Airborne Data Loader (eADL XS™) has received certification for use on the Boeing 737NG aircraft series. Certification for other aircraft platforms is in progress. Teledyne's eADL XS represents a new generation of dataloading technology and is the first on.

Teledyne's New Generation Onboard Secure Data Loader eADL XS™ Certified on Boeing 737NG Aircraft

BOSTON--(BUSINESS WIRE)--Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced it has been awarded a five-year, $168.3 million Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Army for low-rate initial production to upgrade the M1135 Stryker's Nuclear, Biological and Chemical Reconnaissance Vehicle (NBCRV) Sensor Suite. The company also received its first delivery order, valued at $7.5 million. Teledyne FLIR is the lead integrator in moderniz.

Teledyne FLIR Defense Awarded $168M IDIQ Contract for U.S. Army's Nuclear, Biological and Chemical Reconnaissance Vehicle Program

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) today announced that George Bobb, President and Chief Operating Officer, and Jason VanWees, Vice Chairman, will participate at the Baird 2024 Global Industrial Conference on Tuesday, November 12. Teledyne's latest investor presentation will be publicly available on the Company's website at www.teledyne.com/investors/events-and-presentations. Teledyne Technologies is a leading provider of sophisticated digital.

Teledyne to Participate at the Baird Global Industrial Conference

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) announced today that it has entered into an agreement to acquire select aerospace and defense electronics businesses from Excelitas Technologies Corp. (“Excelitas”) for $710 million in cash. The acquisition includes the Optical Systems (OS) business known under the Qioptiq® brand based in Northern Wales, UK, as well as the U.S.-based Advanced Electronic Systems (AES) business. The UK-based OS busi.

Teledyne to Acquire Select Aerospace and Defense Electronics Businesses of Excelitas

THOUSAND OAKS, Calif. and GARLAND, Texas--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) (“Teledyne”) and Micropac Industries, Inc. (OTC:MPAD) (“Micropac”) jointly announced today that they have entered into a definitive merger agreement that provides for the merger of Micropac with a wholly-owned subsidiary of Teledyne. Pursuant to the terms of the merger agreement, Teledyne will acquire all of the issued and outstanding common shares of Micropac for $20.00 per share payable in.

Teledyne to Acquire Micropac

Pilot John International(R) (PJi(R)) is thrilled to announce an exciting new partnership with Teledyne Battery Products to provide its customers with trusted Gill aircraft batteries and accessories. Greenville, North Carolina--(Newsfile Corp. - November 1, 2024) - Pilot John International ® (PJi®) is thrilled to announce an exciting new partnership with Teledyne Battery Products to provide its customers with trusted Gill aircraft batteries and accessories.

Pilot John International(R) Partners with Teledyne Battery Products to Offer Gill Aircraft Batteries and Accessories

Explore how Teledyne's (TDY) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Investing in Teledyne (TDY)? Don't Miss Assessing Its International Revenue Trends

Teledyne Technologies Incorporated (NYSE:TDY ) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Jason VanWees - Vice Chairman Robert Mehrabian - Executive Chairman Edwin Roks - Chief Executive Officer George Bobb - President and Chief Operating Officer Stephen Blackwood - Senior Vice President and ​Chief Financial Officer Conference Call Participants Jim Ricchiuti - Needham Greg Konrad - Jefferies Andrew Buscaglia - BNP Joe Giordano - TD Cowen Jordan Lane - Bank of America Guy Hardwick - Freedom Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the Teledyne Third Quarter Earnings Conference Call.

Teledyne Technologies Incorporated (TDY) Q3 2024 Earnings Call Transcript

The headline numbers for Teledyne (TDY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Teledyne (TDY) Q3 Earnings: A Look at Key Metrics

TDY's total sales in the third quarter of 2024 beat the Zacks Consensus Estimate by 1.3%. The top line also rose 2.9% from the year-ago level.

Teledyne Technologies' Q3 Earnings Top Estimates, Revenues Rise Y/Y

Teledyne Technologies (TDY) came out with quarterly earnings of $5.10 per share, beating the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $5.05 per share a year ago.

Teledyne Technologies (TDY) Surpasses Q3 Earnings and Revenue Estimates

U.S. defense firm Teledyne on Wednesday reported a rise in third-quarter profit, driven by strong demand for marine instrumentation and aerospace electronics.

Teledyne's third-quarter profit rises on strong defense demand

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY): Orders exceeded sales for the fourth consecutive quarter All-time record quarterly sales of $1,443.5 million, an increase of 2.9% compared with last year Third quarter GAAP operating margin of 18.8% and third quarter non-GAAP operating margin of 22.5% Record third quarter GAAP diluted earnings per share of $5.54 and non-GAAP diluted earnings per share of $5.10 Third quarter cash from operations of $249.8 mill.

Teledyne Technologies Reports Third Quarter Results

BOSTON--(BUSINESS WIRE)--Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), has won a five-year contract worth up to $91 million to provide its Black Hornet® 4 Personal Reconnaissance Systems to the United States Army. The advanced nano-unmanned aerial systems (UAS) are being acquired under the Soldier Borne Sensor (SBS) program, Phase II. Teledyne FLIR has received $25 million in initial orders that will cover delivery of the first tranche of Black Hornet 4 drones, a.

Teledyne FLIR Defense Wins $91 Million Contract from U.S. Army for Black Hornet 4 Nano-Drones

TDY's business unit, Teledyne FLIR Defense, presents its Cerberus XL C-UAS Mobile Counter-Drone System at the AUSA conference in Washington, D.C.

Teledyne's Unit Launches Cerberus XL C-UAS Mobile Counter-Drone System

Besides Wall Street's top -and-bottom-line estimates for Teledyne (TDY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.

What Analyst Projections for Key Metrics Reveal About Teledyne (TDY) Q3 Earnings

TDY's third-quarter results are likely to reflect solid overall sales performance amid the negative impact of supply-chain challenges.

Will Supply-Chain Challenges Hurt Teledyne's Q3 Earnings?

Investors interested in Aerospace - Defense Equipment stocks are likely familiar with CAE (CAE) and Teledyne Technologies (TDY). But which of these two stocks is more attractive to value investors?

CAE or TDY: Which Is the Better Value Stock Right Now?

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) is pleased to announce its contribution to NASA's successful Europa Clipper launch, which took place on Monday at NASA's Kennedy Space Center. Aboard the Clipper, the Mapping Imaging Spectrometer for Europa (MISE) is one of nine science instruments designed to help scientists unravel Europa's geologic history and assess the potential habitability of its ocean. The MISE instrument features a Teledyne CHROMA-A f.

Teledyne's Detector Enables NASA's Europa Clipper MISE Instrument

WASHINGTON--(BUSINESS WIRE)--Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), is introducing its Cerberus XL C-UAS air domain monitoring and counter-drone platform at this week's Association of the U.S. Army (AUSA) conference in Washington D.C. Cerberus® XL C-UAS is a rugged, state-of-the-art integrated system equipped with high performance long-range sensors and Counter Unmanned Aerial Systems (C-UAS) technology. The platform combines advanced thermal/visual imagin.

Teledyne FLIR Defense Unveils Cerberus XL C-UAS Mobile Counter-Drone System at AUSA 2024

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) will hold a conference call to discuss its third quarter 2024 results on Wednesday, October 23, 2024, at 8:00 a.m. Pacific. A press release with the third quarter financial results will be issued before the opening of the New York Stock Exchange on Wednesday, October 23, 2024. To access the call, go to www.teledyne.com/investors/events-and-presentations approximately ten minutes before the scheduled start time.

Teledyne Announces Third Quarter 2024 Earnings Webcast Details

TDY makes a strong case for investment in the aerospace sector, given its long-run growth prospects, low debt and strategic acquisitions.

Reasons to Add Teledyne Technologies Stock to Your Portfolio Now

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BOSTON, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Teledyne DALSA, a Teledyne Technologies [NYSE:TDY] company and global leader in machine vision technology, is pleased to announce its next generation AI-powered BOA™3 smart camera for industrial automation and inspection.

News for Teledyne Technologies Stock (TDY)