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AMETEK Announces Record Second Quarter Results and Raises 2021 Guidance

AMETEK Announces Record Second Quarter Results and Raises 2021 Guidance
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AMETEK, inc (AME) Q2 2021 Earnings Call Transcript

AMETEK, inc (AME) Q2 2021 Earnings Call Transcript
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AMETEK Announces First Quarter Results and Raises 2021 Guidance

AMETEK Announces First Quarter Results and Raises 2021 Guidance
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BERWYN, Pa., May 4, 2021 /PRNewswire/ AMETEK, Inc. (NYSE: AME) today announced its financial results for the first quarter ended March 31, 2021.
AMETEK s first quarter 2021 sales were $1.22 billion, a 1% increase over the first quarter of 2020, with organic sales growth of 1%. Operating income increased 6% to $293.3 million, and operating margins were up 110 basis points to 24.1%, both versus the prior year s adjusted results.
On a GAAP basis, first quarter earnings per diluted share were $0.94. Adjusted earnings were $1.07 per diluted share, up 5% versus the prior year s adjusted results. 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 accompanying this release and on ....

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AMETEK Acquires NSI-MI Technologies

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BERWYN, Pa., May 4, 2021 /PRNewswire/ AMETEK, Inc. (NYSE: AME) today announced that it has acquired NSI-MI Technologies, a leading provider of radio frequency and microwave test and measurement solutions and services. NSI-MI was acquired for $230 million and has annual sales of approximately $90 million.
NSI-MI s expertise in advanced radio frequency and microwave technologies allows them to provide complete test and measurement systems for niche applications across the aerospace, defense, automotive, wireless communications, and research markets. The company has a diverse portfolio of testing instrumentation, components and software, while also providing customers with turnkey anechoic and simulation chambers, and a broad set of aftermarket services. ....

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AMETEK Inc (AME) Q1 2021 Earnings Call Transcript

Operator
Ladies and gentlemen, thank you for standing-by, and welcome to the AMETEK s First Quarter 2021 Earnings Call. [Operator Instructions] After the speakers presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your speaker for today, Kevin Coleman, Vice President, Investors Relation. Kevin, the floor is yours.
Kevin Coleman
Vice President, Investor Relations
Thank you, Jay. Good morning, and thank you for joining us for AMETEK s first quarter 2021 earnings conference call. With me today are Dave Zapico, Chairman and Chief Executive Officer; and Bill Burke, Executive Vice President and Chief Financial Officer. ....

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