Waters Corp. (WAT) Misses Q1 EPS by 12c, Revenues Miss; Offers FY19 & 2Q EPS Guidance Below Consensus

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Waters Corporation (NYSE: WAT) Reports First Quarter 2019 Financial Results

April 23, 2019 6:50 AM EDT

Sales of $514 million declined 3% as reported and were flat in constant currency Recurring revenue growth offset by declines in instrument sales Growth in broader Asia and the U.S. offset by weakness in China and Europe GAAP EPS of $1.51; non-GAAP EPS of $1.60, a slight increase from prior year

MILFORD, Mass.--(BUSINESS WIRE)-- Waters Corporation (NYSE: WAT) today announced first quarter 2019 sales of $514 million, a 3% decrease as reported, compared to sales... More