Ametek (AME) Tops Q2 EPS by 9c; Offers FY22 Guidance

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Go back to Ametek (AME) Tops Q2 EPS by 9c; Offers FY22 Guidance

AMETEK Announces Record Second Quarter Results and Raises 2022 Guidance

August 2, 2022 6:55 AM EDT

BERWYN, Pa., Aug. 2, 2022 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the second quarter ended June 30, 2022.

AMETEK's second quarter 2022 sales were a record $1.51 billion, a 9% increase over the second quarter of 2021, with organic sales growth of 12%. Operating income increased 15% to a record $364.8 million and operating margins were 24.1%, up 130 basis points from second quarter 2021 margins.

On a GAAP basis, second quarter earnings per diluted share were $1.22. Adjusted earnings in the quarter were a record $1.38 per diluted share, up 20% from... More