Waters Corporation (WAT) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.117 Good morning. Good morning. Welcome to the Waters Corporation 2025 Financial Results 00:00:05.117 -- 00:00:09.282 Conference Call. All participants will be in listen-only mode until the question-and-answer 00:00:09.282 -- 00:00:12.086 session begins. This call is being recorded. 00:00:12.086 -- 00:00:15.310 If anyone has any objections, please disconnect at this time. 00:00:15.310 -- 00:00:17.432 It is now my pleasure to turn the call over to Mr. 00:00:17.432 -- 00:00:21.357 Casper Tudor, Head of Investor Relations. Please go ahead, sir. 00:00:21.357 -- 00:00:23.538 Thank you, Leila, and good morning, everyone. 00:00:23.538 -- 00:00:27.128 Welcome to Walters Corporation's fourth quarter earnings call. 00:00:27.128 -- 00:00:32.082 Joining me today are Dr. Udit Bhatia, our President and Chief Executive Officer, and 00:00:32.082 -- 00:00:36.415 Amal Chawal, our Senior Vice President and Chief Financial Officer. 00:00:36.415 -- 00:00:39.434 Before we begin, I will cover the cautionary language. 00:00:39.434 -- 00:00:43.262 In this conference call, we will make various forward-looking statements regarding future 00:00:43.262 -- 00:00:48.193 events or future financial performance of the company, including the expected financial 00:00:48.193 -- 00:00:52.924 and operational impact of water's combination with the biosciences and diagnostic solutions 00:00:52.924 -- 00:00:58.145 business of Becton Dickinson & Company. We will provide guidance regarding possible future 00:00:58.145 -- 00:01:03.173 results, as well as commentary on potential market and business conditions that may 00:01:03.173 -- 00:01:07.819 impact Waters Corporation over the first quarter of 2026 00:01:07.819 -- 00:01:10.263 and full year 2026. 00:01:10.263 -- 00:01:15.698 T...