Waters Corp. (WAT) Tops Q2 EPS by 22c; Offers FY23 EPS Guidance
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Waters Corporation (NYSE: WAT) Reports Second Quarter 2023 Financial Results
August 2, 2023 6:50 AM EDTHighlights
Sales of $741 million grew 4% as reported and 3% in organic constant currencyStrength led by double-digit growth in Industrial and Academic & GovernmentOperational excellence added 230 basis points of gross margin expansionHigh single-digit organic constant currency growth in the U.S. and Europe was partially offset by Pharma weakness in ChinaWyatt acquisition ahead of expectations with 2% sales contribution in... More