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Dec 31, 2019
Waters Q4 2019 Earnings Report
Waters Q4 2019 financial results were announced.
Key Takeaways
Waters Corporation reported Q4 2019 sales of $716 million, which were flat as reported compared to Q4 2018. GAAP EPS increased to $3.12, while non-GAAP EPS increased to $3.20.
Sales of $716 million were flat as reported and grew 1% in constant currency.
Strong recurring revenue, partially offset by a decline in instrument sales.
Growth in Europe and India, somewhat offset by softness in other geographies.
GAAP EPS of $3.12; non-GAAP EPS of $3.20 increased 11% from prior year.
Waters
Waters
Waters Revenue by Segment
Waters Revenue by Geographic Location
Forward Guidance
The Company expects full-year 2020 constant-currency sales growth in the range of 1% to 3%. The Company also expects full-year 2020 non-GAAP EPS in the range of $9.15 to $9.40.
Revenue & Expenses
Visualization of income flow from segment revenue to net income