THOUSAND OAKS, Calif. (AP) _ Teledyne Technologies Inc. (TDY) on Thursday reported fourth-quarter net income of $161.8 million.

The Thousand Oaks, California-based company said it had profit of $3.39 per share. Earnings, adjusted for one-time gains and costs, came to $4.56 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.24 per share.

The defense and aerospace industry supplier posted revenue of $1.38 billion in the period.

For the year, the company reported profit of $445.3 million, or $10.05 per share. Revenue was reported as $4.61 billion.

For the current quarter ending in April, Teledyne expects its per-share earnings to range from $4.02 to $4.10.

The company expects full-year earnings in the range of $17.60 to $18 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TDY at https://www.zacks.com/ap/TDY

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