Waters Corp ( (WAT) ) has released its Q1 earnings. Here is a breakdown of the information Waters Corp presented to its investors.
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Waters Corporation is a global leader in analytical instruments, separations technologies, and software, serving various scientific sectors, including life sciences, materials, food, and environmental sciences, with a focus on ensuring product quality and safety.
Waters Corporation has reported a robust start to 2025 with its first-quarter financial results surpassing expectations. The company achieved sales of $662 million, marking a 4% increase as reported and a 7% increase in constant currency terms, driven by strong performance in the pharmaceutical and industrial markets.
Key financial metrics highlight the company’s impressive growth, with instrument sales increasing by 11% in constant currency. The company’s GAAP earnings per share (EPS) reached $2.03, while non-GAAP EPS was $2.25, reflecting a 2% growth despite foreign exchange challenges. Waters Corporation has also raised its full-year guidance, anticipating a 5% to 7% growth in constant currency sales and non-GAAP EPS in the range of $12.75 to $13.05.
The company’s strategic focus on operational excellence and its innovative product portfolio have been pivotal in maintaining momentum despite external challenges. The management’s decision to raise guidance reflects confidence in mitigating the impact of tariffs and policy changes through operational actions and favorable foreign exchange movements.
Looking ahead, Waters Corporation remains optimistic about its growth prospects, with expectations of high single-digit adjusted EPS growth for the year, supported by its strong market position and commitment to innovation.