07:15 AM EDT, 07/23/2025 (MT Newswires) -- Teledyne Technologies ( TDY ) reported Q2 non-GAAP earnings Wednesday of $5.20 per diluted share, up from $4.58 a year earlier.

Analysts polled by FactSet expected $5.05.

Net sales for the quarter ended June 29 were $1.51 billion, compared with $1.37 billion a year earlier.

Analysts polled by FactSet expected $1.48 billion.

The company said it expects Q3 non-GAAP diluted EPS of $5.35 to $5.45. Analysts polled by FactSet expect $5.54.

Teledyne ( TDY ) narrowed its 2025 non-GAAP diluted EPS outlook to between $21.20 and $21.50, from the previous range of $21.10 to $21.50. Analysts polled by FactSet expect $21.42.

In addition, the company raised its share buyback capacity to $2 billion, replacing its previous authorization that had a remaining balance of $896 million.

Shares of Teledyne Technologies ( TDY ) were up more than 1% in recent premarket activity Wednesday.