Teledyne reports record first quarter earnings but stock falls

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Teledyne reports record first quarter earnings but stock falls

By Staff Report / Thursday, April 25th, 2019 / Comments Off on Teledyne reports record first quarter earnings but stock falls

Thousand Oaks-based Teledyne Technologies started the year off on good footing, announcing another sales record for the quarter ended March 31. Sales were up more than 7 percent compared to the first quarter of 2018, to $745.2 million, the company said in an earnings release April 25. Earnings rose even faster, gaining 11.6 percent to…

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