secwatch.observer — SEC 8-K summary
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Issuer:     TELEDYNE TECHNOLOGIES INC (TDY)
CIK:        0001094285
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001094285-24-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teledyne Q2 sales $1.374B (-3.6% YoY); GAAP EPS $3.77, non-GAAP $4.58; record free cash flow $301M
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- Revenue $1,374.1M (-3.6% YoY); GAAP diluted EPS $3.77 (-2.8%); non-GAAP diluted EPS $4.58.
- Record cash from operations $318.7M and free cash flow $301.0M; orders > sales for third consecutive quarter; record backlog.
- FY2024 guidance affirmed: GAAP EPS $15.87-$16.13, non-GAAP $19.25-$19.45; total revenue growth 4%-6% YoY.
- Q2 capital deployment: $193.8M stock repurchases (0.6M shares at avg $250.73), $450M debt maturity payment, $123.6M acquisitions (Valeport & Adimec); $500M remaining under repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1094285/000109428524000088/0001094285-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1094285/000109428524000088/tdy-20240724.htm
  HTML page:      https://secwatch.observer/filing/0001094285-24-000088

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