---
schema_version: "secwatch.filing_event.v1"
accession: "0001037868-23-000054"
form_type: "8-K"
ticker: "AME"
cik: "0001037868"
company_name: "AMETEK INC/"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:02:35.406724+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AMETEK Q3 EPS beats, raises FY guidance; agrees to buy Paragon Medical for ~$1.9B

## Summary
- Q3 sales $1.62B (+5% YoY); GAAP EPS $1.47; adjusted EPS $1.64 (+13%), record operating margins 27.0%.
- Record Q3 operating cash flow $473M (+45% YoY). Raises FY2023 adjusted EPS guidance to $6.31-$6.33 (from $6.18-$6.26).
- Agreed to acquire Paragon Medical for ~$1.9B cash; Paragon has ~$500M annual sales in medical components/instruments.
- Also acquired Amplifier Research Corp., RF/microwave amplifier maker with ~$60M sales; terms not disclosed.

## SEC filing metadata
- accession: 0001037868-23-000054
- form_type: 8-K
- ticker: AME
- cik: 0001037868
- company_name: AMETEK INC/
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037868/000103786823000054/0001037868-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037868/000103786823000054/ame-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001037868-23-000054
- JSON: https://secwatch.observer/filing/0001037868-23-000054.json
- Plain text: https://secwatch.observer/filing/0001037868-23-000054.txt

## Key facts
- Earnings Releases
  AMETEK INC/ reported third quarter ended September 30, 2023 results: revenue $1.62 billion, EPS $1.47 per diluted share. Guidance raised.
  - Period: third quarter ended September 30, 2023
  - Revenue: $1.62 billion
  - EPS: $1.47 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: AMETEK’s third quarter 2023 sales were $1.62 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037868/000103786823000054/0001037868-23-000054-index.htm
- Earnings Releases
  AMETEK INC/ reported financial results for nine months ended September 30, 2023.
  - Period: nine months ended September 30, 2023
  - Result: reported results
  source text: announcing its financial results for the three and nine months ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037868/000103786823000054/0001037868-23-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.