Waters Corp. (WAT) Tops Q1 EPS by 47c; Offers FY22 EPS Guidance

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Go back to Waters Corp. (WAT) Tops Q1 EPS by 47c; Offers FY22 EPS Guidance

Waters Corporation (NYSE: WAT) Reports First Quarter 2022 Financial Results

May 3, 2022 6:50 AM EDT

Highlights

Sales of $691 million grew 13% as reported and 16% in constant currency Transformation on track with strong commercial momentum, operational performance, and innovation Instrument sales grew 26% in constant currency, with strong growth across LC, MS and TA product lines All end-markets grew, with pharmaceutical and industrial both up high-teens Broad-based sales growth across all geographies, led by U.S. which grew 28% and China grew 17% in constant currency GAAP EPS of $2.62; non-GAAP EPS of $2.80, a 22% increase from prior year

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