Business
Waters Corporation (NYSE: WAT) Reports First Quarter 2025 Financial Results
Waters Corporation (NYSE: WAT), today announced its financial results for the first quarter of 2025.
About this update from Waters Corporation
[{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Strong start to the year as first quarter 2025 sales of $662 million landed at the high-end of guidance range; grew 4% as reported and 7% in constant currency","length":158,"tagName":"p"}]},{"val":[{"type":"text","content":"Results led by instrument growth of 11% in constant currency, driven by strong momentum in Pharma and Industrial end markets","length":124,"tagName":"p"}]},{"val":[{"type":"text","content":"Earnings landed at the high-end of guidance range with GAAP EPS of $2.03 and non-GAAP EPS of $2.25","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"Raising full-year constant currency sales growth guidance to +5.0% to +7.0%, given first quarter strength","length":105,"tagName":"p"}]},{"val":[{"type":"text","content":"Raising full-year non-GAAP EPS guidance to the range of $12.75 to $13.05, net of tariff impact, operational actions, and improvement in FX","length":138,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":623,"olType":false},{"type":"text","content":"First Quarter 2025","length":18,"tagName":"p"},{"type":"text","content":"MILFORD, Mass., May 6, 2025 /PRNewswire/ -- Waters Corporation (NYSE: WAT), today announced its financial results for the first quarter of 2025.","length":154,"tagName":"p"},{"type":"text","content":"Sales for the first quarter of 2025 were $662 million, an increase of 4% as reported, compared to sales of $637 million for the first quarter of 2024, and an increase of 7% in constant currency.","length":194,"tagName":"p"},{"type":"text","content":"On a GAAP basis, diluted earnings per share (EPS) for the first quarter of 2025 was $2.03, compared to $1.72 for the first quarter of 2024. On a non-GAAP basis, EPS was $2.25, representing 2% growth, inclusive of approximately five percentage points of unfavorable foreign exchange.","length":282,"tagName":"p"},{"type":"text","content":""Thanks to the focus and dedication of our teams, the momentum in our business has remained strong despite a very dynamic external environment," said Dr. Udit Batra, President & CEO, Waters Corporation. "Our first-quarter results exceeded expectations, driven by double-digit instrument growth, strength in pharma, and the continued traction of our innovative product portfo...