Waters Corp. (WAT) Tops Q2 EPS by 57c

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Waters Corporation (NYSE: WAT) Reports Second Quarter 2020 Financial Results

July 28, 2020 6:50 AM EDT

Sales of $520 million declined 13% as reported and 12% in constant currency GAAP EPS of $1.98; non-GAAP EPS of $2.10, a 2% decrease from prior year Cost savings plan of $100 million on track for the year Strong free cash flow of $175 million for the quarter Share repurchases to remain suspended during the third quarter

MILFORD, Mass.--(BUSINESS WIRE)-- Waters Corporation (NYSE: WAT) today announced second quarter 2020 sales of $520 million, a 13% decrease as reported, compared to sales of $599 million for the second... More