TELEDYNE TECHNOLOGIES (TDY) Revenue — Quarter Ended Jul 2, 2023
Revenue increased in the quarter, with growth compared to both the prior quarter and the same quarter last year. The year-over-year improvement was stronger than the sequential change.
Key takeaway
Quarter ended Jul 2, 2023 · FY2023 Q2
Revenue increased in the quarter, with growth compared to both the prior quarter and the same quarter last year. The year-over-year improvement was stronger than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.4B
Revenue reported for this quarter.
Quarter-over-quarter
+3.0%
Change from the immediately preceding quarter.
Year-over-year
+5.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 2, 2022 | $1.4B | +3.9% |
| Jan 1, 2023 | $1.4B | +3.1% |
| Apr 2, 2023 | $1.4B | +4.7% |
| Jul 2, 2023 | $1.4B | +5.1% |
Revenue performance
The company reported higher net sales for the quarter, reflecting continued upward momentum.
Quarterly comparison
Sequential revenue rose, while the comparison with the same period a year earlier showed a more pronounced increase.
What to watch
The filing includes a discussion of liquidity and capital resources, which may warrant attention.