Teledyne Tech Stock Price, News & Analysis

Teledyne Technologies (NYSE:TDY) announced that Vice Chairman Jason VanWees will present at the 25th Annual Needham Virtual Growth Conference on January 12, 2023. The investor presentation will be available on Teledyne's website. The company specializes in digital imaging, instrumentation, aerospace, and defense electronics. Teledyne's operations span across the U.S., Canada, the UK, and Northern Europe. Forward-looking statements in the presentation are subject to risks, including supply chain challenges, rising interest rates, and geopolitical tensions.

Teledyne e2v, part of Teledyne Technologies (NYSE: TDY), has launched the Hydra3D+, a Time-of-Flight (ToF) CMOS image sensor with 832 x 600 pixel resolution. The sensor features a new 10 µm three-tap pixel that allows very fast transfer times and provides high sensitivity in the NIR wavelength. Its design aims to eliminate motion artifacts and handle multiple active systems concurrently. With high resolution and on-chip HDR capabilities, Hydra3D+ is suited for various applications, including factory automation and outdoor environments. Documentation and support tools are available upon request.

Teledyne Technologies (NYSE:TDY) has acquired ChartWorld International Limited, a prominent provider of digital marine navigation hardware and software. ChartWorld offers a subscription-based service that includes Electronic Chart Display and Information Systems (ECDIS), lifetime warranties, and global support. This acquisition bridges a technology gap between Teledyne Marine and Raymarine, enhancing software capabilities and recurring revenue, while extending their market reach to commercial Safety of Life at Sea (SOLAS) vessels. Financial details of the transaction were not disclosed.

Teledyne DALSA announces the launch of its new Axios IGZO-based X-ray detectors, set to debut at the RSNA 2022 Technical Exhibition in Chicago from November 27 to December 1. The Axios series aims to bridge the performance gap between amorphous silicon and CMOS detectors, offering high image quality for demanding medical applications. These detectors promise significant cost savings and better diagnostic outcomes compared to traditional CMOS technologies, featuring artifact-free images and enhanced signal-to-noise ratios.

Teledyne FLIR, a part of Teledyne Technologies (NYSE: TDY), has launched the FLIR ONE^® Edge Pro, a wireless thermal-visible camera compatible with mobile devices. This model allows for flexible thermal inspections without needing physical connections or specific operating systems. Features include a detachable design, IP54 rating, and a range of up to 30 meters via Bluetooth and Wi-Fi. Enhanced image quality is achieved through VividIR™ and MSX^® technologies. The device is now available for order worldwide starting November 10, with various software tools for improved usability.

Teledyne Technologies (NYSE:TDY) announced that Vice Chairman Jason VanWees will participate in the Baird 2022 Global Industrial Conference on November 10. The latest investor presentation will be accessible on Teledyne's website for stakeholders and potential investors. Teledyne, known for its advanced detailed imaging products and aerospace solutions, operates primarily in the U.S., Canada, U.K., and Europe. The company cautions that forward-looking statements in the presentation involve risks and uncertainties that could affect future results.

Teledyne FLIR Defense has introduced the new MUVE™ R430 drone sensor payload, designed for remote detection and identification of radiation sources. This advanced system enhances safety by enabling quicker responses during radiation events. The R430, which integrates with Teledyne's SkyRanger® R70 and R80D SkyRaider™ drones, offers features like contamination mapping and audible alerts. The product is the third in the MUVE series, following the introduction of payloads for biological and chemical hazard detection. Teledyne continues to invest in sensing technologies for comprehensive mission solutions.

Teledyne DALSA has launched the Genie Nano-10GigE camera series, featuring the industry’s smallest 67 MP camera designed for high-performance image capture. These cameras utilize Teledyne e2v’s advanced 67M and 37M sensors, enhancing integration for applications requiring quick data transfer. The series supports full resolution image transfer at up to 15 fps, with additional features like wider temperature ranges and PTP synchronization. Applications span various industries, including electronics manufacturing and aerial imaging.

Teledyne Technologies (NYSE: TDY) reported record third quarter 2022 sales of $1,363.6 million, a 3.9% increase from the previous year. The company achieved a GAAP diluted EPS of $3.74 and a non-GAAP diluted EPS of $4.54, reflecting a 33% increase in net income to $178.3 million. Teledyne increased its full-year GAAP earnings outlook to $15.46-$15.60 and non-GAAP to $17.70-$17.80. Operating margins stood at 18.0% GAAP and 21.6% non-GAAP. The company also reported record cash flow from operations of $268.9 million and announced plans to acquire ETM-Electromatic.