Jul. 23, 2020
News

Teledyne: "Digital Imaging" with less decline in sales than overall group

Results for the second quarter of 2020

  • Calibir series infrared camera (Photo: Teledyne)Calibir series infrared camera (Photo: Teledyne)

Net sales for Teledyne's Digital Imaging segment, which includes Teledyne Dalsa, e2v and ICM, were approximately 238 million US dollars in the second quarter of 2020, down 4.3 percent from the same quarter last year. Operating income was approximately 47 million US dollars in the second quarter of 2020, 9.3 percent less than in Q2 2019.

Net sales in the second quarter of 2020 primarily reflected lower sales of x-ray products for dental and medical applications and products for spatial imaging. The decrease was partially offset by higher sales of infrared detectors for defense applications and 3 million US dollars of additional revenue from the acquisition of Micralyne, a Canadian MEMS manufacturer in 2019. The decrease in operating income in the second quarter of 2020 primarily reflected the impact of lower sales.

Teledyne Group as a whole reported net revenues of 743.3 million US dollars for the second quarter of 2020, down 4.9 percent compared to the same quarter last year. Net income was 93.7 million US dollars in the second quarter of 2020, 10.4 percent less than in Q2 2019.

Contact

Teledyne Dalsa
605 McMurray Road
N2V 2E9 Waterloo, ON
Canada
Phone: +1 519 886 6000
Telefax: +1 519 886 8023
Teledyne Technologies Incorporated
1049 Camino Dos Rios
Thousand O CA 91360
USA
Phone: +1 805 373 4545

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