Positive Q1 Results for Teledyne Imaging

Image:Teledyne Technologies Inc.

Teledynes Digital Imaging segment’s first quarter 2020 net sales were $246.7 million, compared with $232.4 million, an increase of 6.2%. Operating income was $43.8 million for the first quarter of 2020, compared with $36.6 million, an increase of 19.7%.The quarter net sales primarily reflected higher sales of IR detectors for defense applications, MEMS products and X-ray detectors for life sciences applications, as well as $8.8 million in incremental sales from recent 2019 acquisitions.

Teledyne Technologies Inc.
http://www.teledyne.com/invest/Earnings%20Releases/TDY%20Q1-2020%20Earnings%20Release.pdf

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