Ametek (AME) Tops Q2 EPS by 5c

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Go back to Ametek (AME) Tops Q2 EPS by 5c

AMETEK Announces Record Second Quarter Results and Raises 2021 Guidance

August 3, 2021 6:55 AM EDT

BERWYN, Pa., Aug. 3, 2021 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the second quarter ended June 30, 2021.

AMETEK's second quarter 2021 sales were a record $1.39 billion, a 37% increase over the second quarter of 2020, with organic sales growth of 25%. Operating income increased 39% to a record $316.6 million and operating margins were 22.8%, up 40 basis points over the prior-year period.

On a GAAP basis, second quarter earnings per diluted share were $1.00. Adjusted earnings were a record $1.15 per diluted share, up 37% versus the prior year's adjusted... More