Teledyne Reports Record First-Quarter Sales

Credit: Teledyne
Teledyne reported record sales of $1.38 billion in the first quarter, up 4.7% year-on-year, as well as a best-ever operating margin of 17.5%. The California-based firm earned a first-quarter profit of $178.7 million with net income of $3.73 per share. Earnings, adjusted for amortization and M&A...

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