Waters Corp. (WAT) Tops Q4 EPS by 19c, Offers FY Guidance

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Waters Corporation (NYSE: WAT) Reports Fourth Quarter and Full-Year 2019 Financial Results

February 4, 2020 6:50 AM EST

Fourth Quarter 2019 Highlights

Sales of $716 million were flat as reported and grew 1% in constant currency Strong recurring revenue, partially offset by a decline in instrument sales Growth in Europe and India, somewhat offset by softness in other geographies GAAP EPS of $3.12; non-GAAP EPS of $3.20 increased 11% from prior year

MILFORD, Mass.--(BUSINESS WIRE)-- Waters Corporation (NYSE: WAT) today announced fourth quarter 2019 sales of $716 million, which were flat as reported, compared to sales of $715 million for the fourth... More