Ametek (AME) Tops Q2 EPS by 5c, Raises FY Guidance
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AMETEK Announces Record Second Quarter Results and Raises 2018 Guidance
July 31, 2018 6:55 AM EDTBERWYN, Pa., July 31, 2018 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the three month period ended June 30, 2018. Â
AMETEK's second quarter 2018 sales were a record $1.21 billion, up 14% compared to the second quarter of 2017, with organic sales growth of 7%. Second quarter operating income increased 18% over the same quarter last year to a record $270.1 million. Operating income margins in the second quarter were 22.3%, up 70 basis points versus the prior year. Earnings in the quarter were $0.83 per diluted share, up 28% compared to the prior year period.
"AMETEK's businesses again... More
