Ametek (AME) Tops Q1 EPS by 8c; Offers FY23 EPS Guidance

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Go back to Ametek (AME) Tops Q1 EPS by 8c; Offers FY23 EPS Guidance

AMETEK Announces First Quarter Results and Raises 2023 Guidance

May 2, 2023 6:55 AM EDT

BERWYN, Pa., May 2, 2023 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the first quarter ended March 31, 2023.

AMETEK's first quarter 2023 sales were $1.60 billion, a 10% increase over the first quarter of 2022, with organic sales growth of 9%. Operating income increased 15% to a record $405.5 million and operating margins were a record 25.4%, up 120... More