Shares for Teledyne Technologies soared past $300 July 24 on news of better-than-expected second quarter earnings and increased full-year guidance. The Thousand Oaks tech conglomerate reported a 6.8 percent increase in net sales year-over-year to $782 million, topping average analyst estimates of $775.4 million. Net income soared 22 percent compared to the previous second quarter…
This article is only available to Business Times subscribers
Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.