Ametek (AME) Tops Q2 EPS by 3c, Offers Q3 and FY Outlook
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AMETEK Announces Strong Second Quarter 2017 Results
August 2, 2017 6:55 AM EDTBERWYN, Pa., Aug. 2, 2017 /PRNewswire/ --Â AMETEK, Inc. (NYSE: AME) today announced its financial results for the three month period ended June 30, 2017.
AMETEK reported second quarter 2017 sales of $1.06 billion, a 9% increase compared to the second quarter of 2016. Operating income increased 6% to $232.4 million versus the prior year and operating margins were 21.8% in the quarter. Diluted earnings per share increased 10% to $0.65 from the second quarter of 2016. Â Orders were up 20% in the quarter.
"AMETEK's financial results in the second quarter were outstanding," said David A. Zapico, AMETEK Chairman and Chief Executive Officer. "Strong sales... More
