Search Menu
Photonics Media Photonics Marketplace Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics ProdSpec Photonics Handbook

Digital Imaging Down, But Teledyne Ends the Year Up

Facebook Twitter LinkedIn Email
Despite lagging sales in its digital imaging department, Teledyne Technologies Inc. reported record profits as it closed the books on 2014.

Total year sales were $2.4 billion, up 2.4 percent from $2.3 billion the previous year. Net income was $217.7 million, up 17 percent from $185.0 million in 2013.

It was the 13th consecutive year that Teledyne’s earnings have grown, said CEO Robert Mehrabian.

Teledyne’s digital imaging segment reported sales of $403.6 million, down 2.7 percent from $414.8 million in 2013. Specialty imaging sensor sales were down in the fourth quarter, but was mostly offset by higher sales of lidar systems and microelectromechanical systems (MEMS) production, the company said.

Sales were also down in the company’s aerospace and defense electronics and engineered systems divisions, while its instruments segment, which includes optical sensors, saw a 9 percent sales growth.

Photonics Spectra
Apr 2015
BusinessAmericasCaliforniaTeledyneTeledyne DalsaimagingRobert Mehrabianlight speed

back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2023 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, [email protected]

Photonics Media, Laurin Publishing
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.