TELEDYNE TECHNOLOGIES (TDY) Revenue — Quarter Ended Jun 30, 2024
Revenue for the reported quarter increased compared to the immediately preceding quarter but decreased from the same quarter one year earlier. The trailing twelve-month revenue figure was also supplied.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the reported quarter increased compared to the immediately preceding quarter but decreased from the same quarter one year earlier. The trailing twelve-month revenue figure was also supplied.
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
+1.8%
Change from the immediately preceding quarter.
Year-over-year
-3.6%
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 1, 2023 | $1.4B | +2.9% |
| Dec 31, 2023 | $1.4B | +0.5% |
| Mar 31, 2024 | $1.4B | -2.4% |
| Jun 30, 2024 | $1.4B | -3.6% |
Revenue performance
The sequential improvement in revenue reflects a positive change from the prior quarter. However, the year-over-year decline indicates a contraction compared to the same period a year ago.
Quarterly comparison
The reported quarter's revenue was higher than the immediately preceding quarter, but lower than the same quarter one year earlier. No specific causes for these changes were provided in the filing.
What to watch
The year-over-year decline in revenue may be a point to monitor in upcoming quarters.