Financial PerformanceTDY reports Adj. EPS of $5.10, above consensus by 2.4% and above MSe by 2.2%.
Market PositionTeledyne is a well-run, balanced portfolio of sensing related assets across multiple markets with secular growth across advanced vision, precision instrumentation, space, and unmanned vehicles.
Strategic AcquisitionsThe acquisition of FLIR in 2021 enhanced the company's position across industrial and defense applications, and margins are materially higher and growth has outperformed other parts of the company.