WAT - Laboratory Instruments Company Waters Corp Projects Steady Growth Amid Global Sales Fluctuations: Details | Benzinga
Waters Corp (NYSE:WAT) reported fiscal first-quarter 2024 sales of $636.8 million, beating the analyst consensus of $635.6 million.
Quarterly revenues declined 7%, as reported, and 9% in organic constant currency.
The company reported adjusted earnings per share of $2.21, beating the Wall Street estimate of $2.10.
Gross margin expanded 40 basis points, and adjusted operating margin extended 20 basis points in the quarter under review.
Geographically, sales in Asia during the quarter decreased by 18%, as reported, and 16% in organic constant currency.
Sales in the Americas declined by ...