Teledyne Technologies Inc. just beat Wall Street expectations on earnings and revenue for the first quarter.

The Thousand Oaks-based aerospace, marine and digital imaging products manufacturer reported on April 23 an adjusted net income of $234 million ($4.95 a share) for the quarter ending March 30, compared with an adjusted net income of $218 million ($4.55) in the same period of the previous year. Revenue increased by 7% from the first quarter of the prior year to $1.45 billion.

Analysts surveyed by Zacks had expected earnings of $4.92 on revenue of $1.42 billion.

Robert Mehrabian, the executive chairman of Teledyne, said he was pleased with the first quarter results.

“First quarter sales reflected organic growth in every segment, coupled with the contribution from recent acquisitions,” Mehrabian said in a statement. “In addition, quarter-end backlog was an all-time record, as orders exceeded sales for the sixth consecutive quarter.”

Business segments see gains

All four of Teledyne’s business segments had an increase in revenue in the first quarter. They were led by aerospace and defense electronics at a jump of 30% over the first quarter of last year.

The first quarter also saw $42.3 million worth of incremental defense electronics sales from recent acquisitions, including a deal in late January for the aerospace and defense electronics businesses of Excelitas Technologies Corp. in Pittsburgh for $710 million.

Among those businesses was the Qioptiq brand based in the United Kingdom, and the U.S.-based advanced electronic systems business. The acquired business will be included in Teledyne’s aerospace and defense electronics segment.