Teledyne beats analyst estimates with record net income

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Teledyne beats analyst estimates with record net income

By Staff Report / Wednesday, January 23rd, 2019 / Comments Off on Teledyne beats analyst estimates with record net income

Thousand Oaks-based tech conglomerate Teledyne Technologies reported a 10 percent increase in sales in 2018, topping $2.9 billion, and far exceeded analyst estimates with earnings of $9.01 per share. The company reported record net income of $91.1 million in the fourth quarter, or around $2.45 per share, and $333.8 million for the full year. Sales…

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