Teledyne reports record Q3 2026 sales, raises full‑year EPS guidance and announces $1.1 bn Varex acquisition
Teledyne Technologies posted third‑quarter 2026 revenue of $1.685 billion, up 9.4% year‑over‑year, and GAAP EPS of $5.82, while non‑GAAP EPS reached $6.72. The company lifted its full‑year 2026 GAAP EPS outlook to $21.71‑$21.87 and its non‑GAAP EPS outlook to $25.40‑$25.50. It also disclosed a pending all‑cash acquisition of Varex Imaging valued at approximately $1.1 billion, with a shareholder vote scheduled for October 28.
Why it matters
The raised guidance expands earnings expectations for the year, which could support the stock price if the acquisition integrates smoothly (the company notes the deal as a strategic complement). The $1.1 bn purchase will increase leverage and may affect cash flow until closing in early 2027.
Key facts
- 1Q3 2026 revenue was $1.685 billion, up 9.4% YoY. stocktitan.net
- 2GAAP diluted EPS for the quarter was $5.82. stocktitan.net
- 3Non‑GAAP diluted EPS for the quarter was $6.72. stocktitan.net
- 4Full‑year 2026 GAAP EPS guidance was raised to $21.71‑$21.87. stocktitan.net
- 5Full‑year 2026 non‑GAAP EPS guidance was raised to $25.40‑$25.50. stocktitan.net
- 6Teledyne announced a pending acquisition of Varex Imaging for approximately $1.1 billion. stocktitan.net
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.