Waters Corp. (WAT) Tops Q2 EPS by 8c; Offers FY22 EPS Guidance

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

August 2, 2022 6:50 AM EDT

Highlights

Sales of $714 million grew 5% as reported and 10% in constant currency Continued strong momentum as instrument sales grew 12% in constant currency, with double-digit growth across LC, MS and TA product lines Broad-based performance across all end-markets and major geographies, led by mid-teens growth in the U.S. and 9% constant currency growth in China Recurring revenues grew high-single-digits as strong commercial execution continued GAAP EPS of $2.72; non-GAAP EPS of $2.75, a 6% increase from prior year

MILFORD, Mass.--(BUSINESS WIRE)-- Waters Corporation... More