Ametek (AME) Reports In-Line Q1 EPS; Reaffirms

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Go back to Ametek (AME) Reports In-Line Q1 EPS; Reaffirms

AMETEK Announces First Quarter 2015 Results

April 29, 2015 7:00 AM EDT

BERWYN, Pa., April 29, 2015 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the three month period ended March 31, 2015. 

AMETEK's first quarter 2015 sales of $984.1 million were up 1% over the same period of 2014.  Excluding realignment costs of $15.9 million, or approximately $0.04 per diluted share, operating income increased 7% to a record $236.8 million, operating margins were up 140 basis points to 24.1%, and diluted earnings per share increased 11% to $0.63 per diluted share from the first quarter 2014.   

"AMETEK achieved solid results to begin the year with outstanding operating performance across the Company and... More