Jefferies Cuts Price Target on Waters Corp. (WAT) Following Revenue Miss
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Waters Reports Third Quarter 2016 Financial Results
October 25, 2016 6:50 AM EDTCompany Delivers Revenue of $527 Million and Diluted GAAP EPS of $1.53 (Non-GAAP EPS of $1.57)
Sales grew 5% as reported and in constant currency Strength in bio/pharmaceutical markets and in key Asian geographies Steady growth in chemistry consumables and service products
MILFORD, Mass.--(BUSINESS WIRE)-- Waters Corporation (NYSE: WAT) reported third quarter 2016 sales of $527 million, a 5% increase versus sales of $501 million in the... More