Teledyne said first-quarter net sales of Q1 2025 were $1,449.9 million, up 7.4% from $1,350.1 million a year earlier. Net income attributable to Teledyne was $188.6 million ($3.99 per diluted share), up 5.7% from $178.5 million ($3.72).

1. 01

   Teledyne said first-quarter net sales of Q1 2025 were $1,449.9 million, up 7.4% from $1,350.1 million a year earlier. Net income attributable to Teledyne was $188.6 million ($3.99 per diluted share), up 5.7% from $178.5 million ($3.72).

2. 02

   The company said GAAP operating margin for Q1 2025 was 17.9% (17.4% a year earlier), and non-GAAP operating margin was 22.0% (21.2% a year earlier). It said the non-GAAP figures exclude acquired intangible asset amortization of $52.0 million, transaction and integration costs of $6.8 million, and inventory step-up expense of $0.6 million.

3. 03

   Teledyne said it completed two acquisitions, Micropac and Qioptiq, for aggregate consideration of $757.6 million in Q1 2025, financed with cash on hand and borrowings under its credit facility. It also gave full-year GAAP diluted earnings per share guidance of $17.35 to $17.83 and non-GAAP guidance of $21.10 to $21.50, and said it is maintaining its non-GAAP outlook.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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