Teledyne Tech Stock Price, News & Analysis

Teledyne Technologies (NYSE: TDY) announced record first-quarter sales of $1,383.3 million, up 4.7% year-over-year. GAAP diluted earnings per share (EPS) fell 15.9% to $3.73, while non-GAAP EPS rose to $4.53. Operating margins improved slightly, with GAAP at 17.5% and non-GAAP at 21.1%. Cash flow from operations also set a record at $203 million. The company completed its acquisition of ChartWorld International and reduced gross debt by $400 million. Full-year 2023 GAAP diluted EPS guidance is projected between $15.80 and $16.05, while non-GAAP guidance remains stable at $19.00 to $19.20.

Teledyne Technologies (NYSE:TDY) will hold a conference call on April 26, 2023, at 8:00 a.m. Pacific to discuss its first quarter 2023 results. A press release will precede the call, detailing the financial outcomes before the New York Stock Exchange opens on the same date. Investors can access the call via the Teledyne investors page approximately ten minutes before the start. A replay will be available for a month after the event.

Teledyne FLIR has launched the G-Series, a new line of high-tech optical gas imaging (OGI) cameras designed for professionals in the oil, gas, manufacturing, and utility sectors. This series includes seven models featuring wireless connectivity for easy documentation and analysis of harmful gas emissions. The G620, Gx320, and Gx620 models can detect and quantify hydrocarbon and VOC emissions without needing a separate device. Additional models address utility needs by detecting sulfur hexafluoride and carbon dioxide. The cameras are set to ship within the quarter, enhancing efficiency and safety in leak detection and repair processes.

Teledyne Technologies (NYSE: TDY) announced that Vice Chairman Jason VanWees and Executive Vice President Edwin Roks will hold investor meetings at the Bank of America Global Industrials Conference on March 22. The latest investor presentation is accessible on Teledyne's website, aiming to provide transparency on the company's performance and strategies. Teledyne, a prominent provider of digital imaging products, software, and aerospace electronics, continues to navigate challenges such as supply chain disruptions, inflation, and geopolitical tensions. Forward-looking statements in the presentation include strategic goals, potential acquisitions, and anticipated capital expenditures.

Teledyne e2v has successfully integrated Mixel’s MIPI PHY into its Topaz™ image sensor family, now entering mass production. These sensors boast low noise, global-shutter pixel technology, ideal for compact mobile applications. The 2MP and 1.5MP sensors are suitable for various uses, including IoT and robotics. In 2022, they received accolades from the Vision Systems Design Innovators Awards. Mixel provided fully validated MIPI D-PHY transmitter and CSI-2 controller IPs for this project. Teledyne e2v plans ongoing collaboration with Mixel, leveraging their expertise for future developments.

Teledyne e2v, part of Teledyne Technologies (TDY), has launched the Optimom 1.5M, a new turnkey optical module designed for quick integration into vision systems. This board-level vision extension aims to accelerate development and reduce R&D costs. With a 1.5 Megapixel CMOS image sensor, it supports a wide 1,920 x 800 format suitable for various applications, including handheld scanners and drones. The module features a MIPI CSI-2 protocol and comes with a complete development kit for instant integration with platforms like NVIDIA Jetson. Demonstrations will occur at Embedded World in Germany from March 14-16.