Teledyne reports strong first quarter but lowers guidance

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Teledyne reports strong first quarter but lowers guidance

By Staff Report / Thursday, April 23rd, 2020 / Comments Off on Teledyne reports strong first quarter but lowers guidance

Teledyne Technologies met its early April forecast, reporting $784.6 million in revenue for the first quarter of 2020 and a 9 percent jump in net income to $82.2 million.  Shares for the Thousand Oaks company rose 1.1 percent following the news, despite a pullback in outlook for the coming quarter. Teledyne said it expects earnings…

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