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Teledyne Technologies Inc. beat Wall Street estimates on earnings and revenue for the second quarter. The Thousand Oaks aerospace, marine and digital imaging products manufacturer reported on Wednesday adjusted net income of $201 million ($4.61 a share) for the quarter ending July 4, compared with adjusted net income of $101 million ($2.68) for the same period a year earlier. Revenue increased by 51 percent to $1.1 billion. Analysts on average expected earnings of $2.76 on revenue of $1 billion, according to Thomson Financial Network. Robert Mehrabian, the executive chairman, called the quarter a record setting one for Teledyne. “We achieved double-digit organic growth with such sales from digital imaging, environmental and electronic test and measurement instrumentation increasing from 17 percent to nearly 25 percent year-over-year,” Mehrabian said in a statement. “Furthermore, Teledyne Flir performed very well in its first few weeks under Teledyne ownership.”

Robert mehrabianTeledyne technologies incYork stock exchange onFlir systems incThomson financial networkDow jonesTeledyne technologiesWall streetThousand oaksThomson financialTeledyne flirFlir systemsNew york stock exchangeடேளெதய்னே தொழில்நுட்பங்கள் இன்க்யார்க் ஸ்டாக் பரிமாற்றம் ஆன்ப்ளிற் அமைப்புகள் இன்க்