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Form 8-K · Current Report · Filed 2024-11-01

Waters Corporation Reports Strong Q3 2024 Results and Raises Guidance

Waters Corporation announced its third-quarter 2024 financial results, reporting sales of $740 million, which exceeded guidance.

Filer
Waters Corporation WAT · NYSE
Filed
Accession
0001193125-24-249066
CIK
0001000697
Signal
High impactHealthcare

Details

GAAP EPS was $2.71, and non-GAAP EPS was $2.93, both significantly exceeding guidance. The company raised its full-year 2024 sales and EPS guidance. For the fourth quarter, the company expects constant currency sales growth of 5% to 7% and non-GAAP EPS of $3.90 to $4.10.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$323.11

Next session

+19.9%

Since filing

+16.8%

Latest close

$377.31

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

About Waters Corporation

Waters Corporation is a leading entity in the field of analytical instruments and software. It primarily focuses on providing laboratory solutions for a variety of sectors, including pharmaceuticals, healthcare, food and beverage, and chemical analysis. The company's offerings include high-performance liquid chromatography, mass spectrometry systems, and various supporting technologies used for advanced research in life sciences. Waters Corporation is pivotal in enhancing laboratory productivity, offering cutting-edge research tools that assist in drug development, quality control, and environmental testing. Operating globally, it serves a wide array of clients, including academic institutions, government agencies, and private industry players. With its commitment to innovation and precision, Waters Corporation plays a crucial role in advancing scientific and technological progress in multiple critical industries worldwide.

Exchange NYSE Industry Diagnostics & Research Company website ↗

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