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AMETEK Announces Three Acquisitions

AMETEK Announces Three Acquisitions
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AMETEK Announces Fourth Quarter and Full Year Results

AMETEK Announces Fourth Quarter and Full Year Results
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BERWYN, Pa., Feb. 4, 2021 /PRNewswire/ AMETEK, Inc. (NYSE: AME) today announced its financial results for the fourth quarter and full year ended December 31, 2020.
AMETEK s fourth quarter 2020 sales were $1.20 billion, an 8% decline compared to the fourth quarter of 2019. Operating income in the quarter was $298.1 million, up slightly versus last year s fourth quarter and operating margins were a record 24.9%, up 210 basis points over the same period last year.
On a GAAP basis, fourth quarter earnings per diluted share were $0.95. Adjusted earnings in the quarter were $1.08 per diluted share, equal to the fourth quarter of 2019. Adjusted earnings adds back non-cash, after-tax, acquisition-related intangible amortization of $0.13 per diluted share. A reconciliation of reported GAAP results to adjusted results is included in the financial tables acc ....

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