Teledyne Technologies Inc. (TDY) reported second-quarter 2024 adjusted earnings of $4.58 per share, which surpassed the Zacks Consensus Estimate of $4.49 by 2%. However, the bottom line declined 1.9% from $4.67 recorded in the year-ago quarter. Total sales were $1.37 billion, which missed the Zacks Consensus Estimate of $1.38 billion by 0.2%. The top line also dropped 3.6% from $1.42 billion reported in the year-ago quarter. This decline can be attributed to lower year-over-year sales recorded in its Digita ...

The reported revenue compares to the Zacks Consensus Estimate of $1.38 billion, representing a surprise of -0.18%. The company delivered an EPS surprise of +2.00%, with the consensus EPS estimate being $4.49. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Teledyne performed in the just reported quarter in terms of the me ...

This quarterly report represents an earnings surprise of 2%. A quarter ago, it was expected that this defense and aerospace industry supplier would post earnings of $4.64 per share when it actually produced earnings of $4.55, delivering a surprise of -1.94%. Teledyne, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $1.37 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.18%. This compares to year-ago revenues of $1.42 billion. The compan ...

Additional Financial Information | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|---------------|-------|----------------| | Free Cash Flow | | Second \n2024 | | Quarter \n2023 | | Cash provided by operating activities | $ | 318.7 | $ | 190.5 | | Capital expenditures for property, plant and equipment | | (17.7) | | (27.3) | | Free cash flow | $ | 301.0 | $ | 163.2 | Outlook Forward-Looking Statements Cautionary Notice | --- | --- | --- | --- | -- ...

Teledyne Technologies Incorporated (TDY) is slated to report second-quarter 2024 results on Jul 24, before market open. Digital Imaging Sales to Reflect a Bump The Zacks Consensus Estimate for the Digital Imaging segment's second-quarter revenues is pegged at $755.9 million. This indicates a decline of 4.7% from the top line reported in the year-ago quarter. The Instrumentation unit's revenue performance in the second quarter is likely to have benefited from marine electronics and unmanned underwater system ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Teledyne Technologies (TDY) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of busi ...

Core Viewpoint - Teledyne Technologies, Inc. has secured a $15 million contract to supply over 150 ThermoSight HISS-XLR weapon sights to a NATO partner nation, which is expected to enhance its revenue generation prospects in the military thermal weapon sights market [10][3]. Company Overview - Teledyne is recognized for producing advanced technological solutions for the aerospace and defense sectors, including military thermal weapon sights that are essential for effective target detection and engagement in low visibility conditions [12]. - The ThermoSight HISS-XLR is capable of identifying man-sized targets over 2,000 meters away and can be integrated with various day scopes and weapon platforms [11]. Market Growth Prospects - The global military thermal weapon sights market is projected to grow at a CAGR of 6.7% from 2024 to 2028, which is favorable for Teledyne given its extensive range of thermal weapon sights [4]. - Other defense companies, such as DRS and BAE Systems, are also positioned to benefit from this market expansion, with DRS showing a long-term earnings growth rate of 16.4% and BAE Systems projecting a 34.6% increase in 2024 sales [4][15]. Competitive Landscape - L3Harris Technologies offers the Light Weapon Thermal Sight - Long Range, which can detect long-wave infrared targets in challenging conditions, and has a long-term earnings growth rate of 9.3% [6]. - Leonardo DRS provides various military thermal weapon sights, including the Improved Night / Day Observation Device Block III, which enhances visibility for snipers in adverse conditions [14]. Recent Performance - Teledyne's stock (TDY) has experienced a decline of 1.3% over the past three months, contrasting with the industry growth of 6.5% [7].

Teledyne AxCIS Contact Image Sensor 照片说明：新的AxCIS是一种高速、高分辨率的线阵扫描解决方案，现已推出彩色版本 加拿大滑铁卢, July 09, 2024 (GLOBE NEWSWIRE) -- Teledyne DALSA欣然宣布，公司的AxCIS™系列高速和高分辨率全集成式线阵扫描成像模块现已推出彩色版本。这些易于使用的接触式图像传感器(CIS)集传感器、镜头和光源于一体，为包括电池和印刷检测在内的许多要求苛刻的机器视觉应用提供成本更低的检测系统。 在Teledyne的多线CMOS图像传感器得加持下，AxCIS能够提供卓越的图像质量，在28µm像素大小或900dpi分辨率下能够实现60kHz x 3的原生RGB颜色线率，因此能够以前所未有的精度进行缺陷检测。独特的传感器设计覆盖整个视场，没有坏点，无需任何插值即可提供100%无缝图像。除了用于缺陷检测外，其独特的设计还支持准确的计量应用。 AxCIS采用可扩展设计，适用于各种视场，由单一的24V电源供电。AxCIS外形小巧，采用IP50防尘设计光学路径，几乎可以应用于系统中的任何位置，就算是垂直间隙有限的地 ...

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Core Insights - Ocean Power Technologies, Inc. (OPT) has signed an Original Equipment Manufacturer (OEM) agreement with Teledyne Marine to enhance its product offerings and drive innovation in the marine technology sector [1][5] - The partnership aims to provide customers with a turnkey system, leveraging Teledyne's advanced technology and products [2][5] Company Overview - Ocean Power Technologies specializes in low-carbon marine power, data, and service solutions, focusing on intelligent maritime solutions for various markets including defense, oil and gas, science, research, and offshore wind [6] - The company’s PowerBuoy® platforms deliver clean electric power and real-time data communications for remote maritime and subsea applications [6] Teledyne Marine Overview - Teledyne Marine is a division of Teledyne Technologies, known for its subsea technology solutions, including imaging, instruments, interconnect, seismic, and vehicle technology [7] - The division aims to provide comprehensive solutions to industries such as hydrography, offshore, dredging, defense, and marine research [7]