Teledyne Technologies Incorporated (TDY) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Teledyne Second Corner Earnings Call. Here's our first speaker, Mr. Jason Van Weef. Please stand by. Thank you and welcome to Teledyne's second quarter earnings call. Here's our first speaker, Mr. Jason Van Weese. Please go ahead. Thank you and good morning, everyone. This is Jason Van Weese, Vice Chairman. I'd like to welcome everyone to Teledyne's second quarter 2025 earnings release conference call. We released our earnings earlier this morning before the market opened. Joining me today are Teledyne's Executive Chairman, Robert Moravian, President and CEO, George Bob, EBP and CFO, Steve Blackwood, and Melanie Sivik, EVP General Counsel, Chief Compliance Officer, and Secretary. After remarks by Robert, George, and Steve, we will ask your questions. But, of course, before we get started, our attorneys have reminded me to tell you that all forward-looking statements this morning are subject to various assumptions, risks, and caveats, as noted in the earnings release and our periodic SEC filings, and, of course, actual results may differ materially. In order to avoid potential selective disclosures, this call is simultaneously being webcast and a replay, both by webcast and dial-in, will be available for approximately one month. Here's Robert. Thank you, Jason, and good morning, everyone, and thank you for adjourning our call. Today, we reported record quarterly sales. We've achieved greatest total for inorganic sales growth in almost three years. Second quarter sales increased 10.2%, half organic, half acquisitions, and accelerated for three quarters in a row. Sales also increased organically in every segment. Non-gap earnings per share increased 13.5% from last year and were also a record for any second quarter. Finally, orders exceeded sales for the seve...