secwatch.observer — SEC 8-K summary
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Issuer:     TELEDYNE TECHNOLOGIES INC (TDY)
CIK:        0001094285
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001094285-21-000122
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teledyne Q2 record sales $1.12B, non-GAAP EPS $4.61; FLIR acquisition closed May 14
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- Sales $1.121B (+50.8% YoY); GAAP EPS $1.48, non-GAAP EPS $4.61 (excl. $150.7M acquisition costs).
- Non-GAAP operating margin 22.8% vs. 16.1% YoY; FLIR contributed $301.4M incremental sales.
- Digital Imaging sales $579.5M (+143.9%) driven by FLIR and organic growth; operating income $84.6M.
- FLIR acquisition for $8.1B closed May 14; annualized cost-savings target of $80M now expected by end of 2022.
- FY2021 guidance: GAAP EPS $8.05–$8.45, non-GAAP EPS $15.25–$15.50; Q3 non-GAAP EPS $3.55–$3.65.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1094285/000109428521000122/0001094285-21-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1094285/000109428521000122/tdy-20210728.htm
  HTML page:      https://secwatch.observer/filing/0001094285-21-000122

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer