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Teledyne Technologies ( (TDY) ) has shared an update.
Teledyne Technologies announced record sales of $1,502.3 million for the fourth quarter of 2024, a 5.4% increase from the previous year, despite a decrease in net income. The company also completed the acquisition of Micropac Industries and plans further acquisitions, positioning itself for growth while managing capital deployment and maintaining a low leverage ratio.
More about Teledyne Technologies
Teledyne Technologies is a company operating in industries such as defense, space, and energy, focusing on products like unmanned air systems, surveillance systems, and marine instrumentation. The company is involved in strategic acquisitions to enhance its market presence.
YTD Price Performance: 4.90%
Average Trading Volume: 242,181
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.39B
Find detailed analytics on TDY stock on TipRanks’ Stock Analysis page.
