Teledyne Q2 2023: record sales $1.425B, GAAP EPS $3.87, non-GAAP EPS $4.67, margins up

TELEDYNE TECHNOLOGIES INC

2023-Q2 EPS reported $7.60 revenue$2,808,000,000

Record quarterly sales of $1,424.7M, +5.1% YoY; GAAP diluted EPS $3.87, +8.2% YoY.
Record non-GAAP diluted EPS $4.67; non-GAAP operating margin 21.4%, up from 20.7%.
All four segments increased sales and operating income YoY; Digital Imaging +2.3%, A&D Electronics +10.2%.
Full year 2023 GAAP EPS outlook $15.60-$15.88, non-GAAP $19.00-$19.20 unchanged.
Reduced gross debt $620M YTD; net debt $2.989B; leverage ratio 2.1x; free cash flow $163.2M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

TELEDYNE TECHNOLOGIES INC reported second quarter 2023 results: revenue $1,424.7 million, net income $185.3 million ($3.87 diluted earnings per share). Guidance reaffirmed.

Period: second quarter 2023
Revenue: $1,424.7 million
Net income: $185.3 million ($3.87 diluted earnings per share)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Teledyne today reported second quarter 2023 net sales of $1,424.7 million, compared with net sales of $1,355.8 million for the second quarter of 2022, an increase of 5.1%. Net income attributable to Teledyne was $185.3 million ($3.87 diluted earnings per share) for the second quarter of 2023, compared with $171.3 million ($3.59 diluted earnings per share) for the second quarter of 2022, an increase of 8.2%.

View on SEC.gov

Browse all earnings releases →

TELEDYNE TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001094285-23-000097

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.