Teledyne Technologies Incorporated (NYSE:TDY) Q1 2023 Earnings Call Transcript

Robert Mehrabian: I think about 40% of our portfolio, we have more pricing power and 60% is more sensitive, because the 60% in some ways, it depends on the global macro environment. As you may know, the way our portfolio has evolved, today we sell about 22% to the government, 28% U.S. commercial and 50% commercial and defense outside the U.S. So the macro — global macro environment is what we are more sensitive to a 40% not so.

Kristine Liwag: Great. Thank you very much.

Robert Mehrabian: For sure.

Operator: And currently we have no further questions in queue.

Robert Mehrabian: Thank you, Brad. I appreciate that. I will now ask Jason to conclude our conference call.

Jason VanWees: Thanks, Robert, and thanks everyone for joining us this morning. Of course, if you have follow-up questions, please feel free to call me at the number on the earnings release or e-mail me for those who have my contact information. Brad, if you could give the replay information, we would greatly appreciate it. Thank you.

Operator: Certainly. Thank you. Ladies and gentlemen, the conference will be available for replay after 10 o’clock today and running through May 26th at midnight. You can access the AT&T replay system at any time by dialing 1-866-207-1041 and entering the access code 8989973. International parties may dial 402-970-0847. Those numbers again 1-866-207-1041, international parties 402-970-0847, with the access code 8989973. That does conclude our call for today. Thanks for participation and for using AT&A Teleconference. You may now disconnect.