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Ametek Touts Record First Quarter

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BERWYN, Pa., May 13, 2014 — Ametek Inc., a global manufacturer of electronic instruments and electromechanical devices, reported a successful first quarter, with record sales, orders, operating and net incomes, and diluted earnings per share.

The company saw a 12 percent increase in net income during the first quarter of 2014 with $140.6 million, compared to $125.1 million during the same period last year. It generated $975.3 million in sales so far this year, an increase of 10 percent over the first quarter of last year.

The company acquired Zygo Corp., a manufacturer of optical metrology products and high-precision optics, during the first quarter this year, enhancing Ametek’s earnings. For the second quarter of 2014, the company anticipates a 10 percent increase in sales over last year’s second quarter.

For more information, visit www.ametek.com.
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Published: May 2014
Glossary
metrology
Metrology is the science and practice of measurement. It encompasses the theoretical and practical aspects of measurement, including the development of measurement standards, techniques, and instruments, as well as the application of measurement principles in various fields. The primary objectives of metrology are to ensure accuracy, reliability, and consistency in measurements and to establish traceability to recognized standards. Metrology plays a crucial role in science, industry,...
AmetekBusinessCommunicationsConnecticutelectromechanicalfiber opticsFrank S. HermancemetrologyOpticsPennsylvaniaZygo Corporationdiluted earningsdiluted share

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