TELEDYNE TECHNOLOGIES INC
For the period ended Mar 31, 2024. Filed Apr 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 29, 2024
TDY$646.13+0.4%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)
FOR THE FIRST QUARTER ENDED MARCH 31, 2024 AND APRIL 2, 2023
(Unaudited - Amounts in millions, except per-share amounts)
| First Quarter | ||
|---|---|---|
| 2024 | 2023 | |
| Net sales | $1,350.1 | $1,383.3 |
| Costs and expenses | ||
| Cost of sales | 770.2 | 790.7 |
| Selling, general and administrative | 296.2 | 300.4 |
| Acquired intangible asset amortization | 49.4 | 49.7 |
| Total costs and expenses | 1,115.8 | 1,140.8 |
| Operating income (loss) | 234.3 | 242.5 |
| Interest and debt income (expense), net | (12.7) | (21.0) |
| Non-service retirement benefit income (expense), net | 2.7 | 3.3 |
| Other income (expense), net | 1.2 | (1.1) |
| Income (loss) before income taxes | 225.5 | 223.7 |
| Provision (benefit) for income taxes | 46.4 | 44.9 |
| Net income (loss) including noncontrolling interest | 179.1 | 178.8 |
| Less: Net income (loss) attributable to noncontrolling interest | 0.6 | 0.1 |
| Net income (loss) attributable to Teledyne | $178.5 | $178.7 |
| Basic earnings per common share | $3.77 | $3.81 |
| Weighted average common shares outstanding | 47.3 | 46.9 |
| Diluted earnings per common share | $3.72 | $3.73 |
| Weighted average diluted common shares outstanding | 48.0 | 47.9 |
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