Waters Corp. (WAT) Tops Q3 EPS by 23c, Revenues Beat
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Waters Corporation (NYSE: WAT) Reports Third Quarter 2020 Financial Results
October 27, 2020 6:50 AM EDTSales of $594 million grew 3% as reported and 2% in constant currency Year-over-year sales increase driven by pharmaceutical and industrial end markets Growth in the U.S., Europe and China, partially offset by declines in other areas Recurring revenue grew 5% in constant currency and instrument sales stabilized GAAP EPS of $2.03; non-GAAP EPS of $2.16, a 1% increase from prior year Strong adjusted free cash flow of $190 million, a 53% increase from prior year
MILFORD, Mass.--(BUSINESS WIRE)-- Waters Corporation (NYSE:... More
