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Digital Imaging Down, But Teledyne Ends the Year Up

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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...Read full article

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    Published: January 2015
    BusinessAmericasCaliforniaTeledyneTeledyne DalsaImagingRobert Mehrabianlight speed

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