How did AME's revenue and expenses trend in Q4 2024?

Ametek Inc. (AME) experienced a significant revenue milestone in Q4 2024, with the company's revenue reaching $4.66 billion. This represents a substantial increase from the previous quarter's revenue of $3.44 billion, indicating a strong revenue trend for AME in the period. However, the net income for Q4 2024 was $387.26 million, which is slightly lower than the net income of $409.04 million reported in the previous quarter. This suggests that while AME has seen a boost in revenue, it has faced some challenges in maintaining profitability at the same level as the previous quarter. When examining the expenses, the company's operating, selling, general, and administrative expenses were $175.77 million. This figure is consistent with the expenses reported in the previous quarter, indicating that AME has managed to maintain stable expense levels despite the increase in revenue. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |AME|AME.N|Ametek|20240101-2024|Electromechanical|2.281265E9|169| |AME|AME.N|Ametek|20240101-2024|Electromechanical|1.734598E9|169| |AME|AME.N|Ametek|20240101-2024|Electromechanical|1.160622E9|169| |AME|AME.N|Ametek|20240101-2024|Electromechanical|5.79401E8|169| |AME|AME.N|Ametek|20240101-2024|Electronic Instruments|1.156779E9|169| |AME|AME.N|Ametek|20240101-2024|Electromechanical|5.79401E8|169| |code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Operating Expenses|Net Income|market_code| |---|---|---|---|---|---|---|---| |AME|AME.N|Ametek|2024 Q1|1.74283E8||3.10943E8|169| |AME|AME.N|Ametek|2024 Q2|1.76895E8||3.37683E8|169| |AME|AME.N|Ametek|2024 Q3|1.69959E8||3.40241E8|169| |AME|AME.N|Ametek|2024 Q4|1.75768E8||3.87257E8|169|