---
schema_version: "secwatch.filing_event.v1"
accession: "0001094285-24-000052"
form_type: "8-K"
ticker: "TDY"
cik: "0001094285"
company_name: "TELEDYNE TECHNOLOGIES INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:18:09.999708+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Teledyne Q1 non-GAAP EPS $4.55 record; slashes FY 2024 guidance; $1.25B buyback

## Summary
- Q1 GAAP EPS $3.72 vs $3.73 YoY; non-GAAP EPS $4.55 (record Q1) vs $4.53; revenue $1,350.1M (-2.4% YoY).
- Full-year GAAP EPS guidance cut to $16.02-$16.27 from prior $17.15-$17.53; non-GAAP to $19.25-$19.45 from $20.35-$20.68.
- Weakness in short-cycle imaging and instrumentation (industrial automation, test & measurement) drove guidance reduction.
- New $1.25B stock repurchase authorization; plans ~$250-300M in near-term buybacks.
- Record Q1 free cash flow $275.1M; completed Valeport acquisition; pending Adimec acquisition.

## SEC filing metadata
- accession: 0001094285-24-000052
- form_type: 8-K
- ticker: TDY
- cik: 0001094285
- company_name: TELEDYNE TECHNOLOGIES INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094285/000109428524000052/0001094285-24-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094285/000109428524000052/tdy-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001094285-24-000052
- JSON: https://secwatch.observer/filing/0001094285-24-000052.json
- Plain text: https://secwatch.observer/filing/0001094285-24-000052.txt

## Key facts
- Earnings Releases
  TELEDYNE TECHNOLOGIES INC reported first quarter 2024 results: revenue $1,350.1 million, net income $178.5 million ($3.72 diluted earnings per share). Guidance lowered.
  - Period: first quarter 2024
  - Revenue: $1,350.1 million
  - Net income: $178.5 million ($3.72 diluted earnings per share)
  - Guidance: lowered
  - Result: reported results
  source text: Teledyne today reported first quarter 2024 net sales of $1,350.1 million, compared with net sales of $1,383.3 million for the first quarter of 2023, a decrease of 2.4%. Net income attributable to Teledyne was $178.5 million ($3.72 diluted earnings per share) for the first quarter of 2024, compared with $178.7 million ($3.73 diluted earnings per share) for the first quarter of 2023, a decrease of 0.1%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1094285/000109428524000052/0001094285-24-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.