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Jefferies Cuts Price Target on Waters Corp. (WAT) Following Revenue Miss

Go back to Jefferies Cuts Price Target on Waters Corp. (WAT) Following Revenue Miss

Waters Reports Third Quarter 2016 Financial Results

October 25, 2016 6:50 AM EDT

Company 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