secwatch.observer — SEC 8-K summary
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Issuer:     AMETEK INC/ (AME)
CIK:        0001037868
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001037868-23-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMETEK Q1 record sales $1.60B, EPS $1.49 adj., raises FY 2023 guidance, acquires Bison Gear
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- Q1 sales $1.60B (+10% YoY); organic sales growth of 9%; record operating margin 25.4%.
- GAAP EPS $1.32; adjusted EPS $1.49 (+12%); record operating cash flow $386.5M (+92%).
- FY 2023 adj. EPS guidance raised to $5.96–$6.10 from $5.84–$6.00; Q2 adj. EPS seen $1.49–$1.51.
- EIG sales $1.12B (+13%) with record op. margin 27.7%; EMG sales $479.9M (+2%).
- Acquired Bison Gear & Engineering (~$80M annual sales); adds motion control to EMG.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037868/000103786823000030/0001037868-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037868/000103786823000030/ame-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001037868-23-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer