Teledyne
Technologies Reports First Quarter Results
Jason VanWees (805) 373-4542 (Investor)
Robyn McGowan (805) 373-4540 (Media)
THOUSAND OAKS, California -- April 23, 2008
-- Teledyne Technologies Incorporated
(NYSE:TDY):
-- Revenue increased 17.2% to
$451.8 million compared with
last year
-- Earnings per diluted share
increased 35.1% to $0.77
compared with
last year
-- Completed four strategic
acquisitions
-- Raising 2008 earnings per
share outlook
Teledyne Technologies today reported first quarter
2008 sales of $451.8 million, compared with sales of $385..6
million for the same period of 2007. Net income for the first
quarter of 2008 was $27.9 million ($0.77 per diluted share),
compared with net income of $20.5 million ($0.57 per diluted
share) in the first quarter of 2007.
|