Teledyne Technologies Reports Second Quarter Results

Teledyne Technologies Reports Second Quarter Results

6 years ago
Anonymous $oIHRkISgaL

https://www.businesswire.com/news/home/20180802005200/en/

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Aug 2, 2018--Teledyne Technologies Incorporated (NYSE:TDY):

Teledyne today reported second quarter 2018 net sales of $732.5 million, compared with net sales of $671.1 million for the second quarter of 2017, an increase of 9.1%. Net income was $85.9 million ($2.32 per diluted share) for the second quarter of 2018, compared with $60.1 million ($1.66 per diluted share) for the second quarter of 2017, an increase of 42.9%. The second quarter of 2017 includes $4.0 million ($0.08 per diluted share) in acquisition costs related to the e2v technologies plc (“e2v”) acquisition.