ADVFN - Advanced Financial Network.
HOME» NYSE » W » WAT Stock Price » WAT Stock News

Waters Share News

 Waters Corp. Stock Price
WAT Stock Price
 Waters Corp. Stock Chart
WAT Stock Chart
 Waters Corp. Stock News
WAT Stock News
 Waters Corp. Company Information
WAT Company Information
 Waters Corp. Stock Trades
WAT Stock Trades

Waters 4Q Net Up 22% As Sales Rise; Results Top Views

DOW JONES NEWSWIRES Waters Corp.'s (WAT) fourth-quarter profit rose 22% and adjusted earnings topped its upbeat forecast as sales climbed and margins improved. The laboratory-equipment maker has reported improved results in recent quarters as demand has increased. Chairman and Chief Executive Douglas Berthiaume said Tuesday "strong uptake of our new system offerings, continued business expansion in Asian markets and an improvement in economic conditions drove sales growth" in the latest period. Waters posted a profit of $126.6 million, or $1.36 a share, up from $104.1 million, or $1.08 a share, a year earlier. Amortization of purchased intangibles and restructuring charges cut the latest-quarter's profit by 2 cents and the prior-year result by 4 cents. The company in October had forecast a profit of $1.28 to $1.33, exceeding analysts' estimates at the time. Net sales jumped 13% to $483.6 million. Analysts polled by Thomson Reuters had expected $465 million. Gross margin widened to 60.9% from 60.3%. Shares closed Monday at $78.26 and were inactive in premarket trading. Through the latest close, the stock is up 32% over the past year. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; matthew.jarzemsky@dowjones.com

Stock News for Waters (WAT)
DateTimeHeadline
07/14/201608:30:00VICAM, a Waters Business, Receives 2016 North American Food Safety...
07/06/201613:40:00Waters Corporation Q2 2016 Financial Results Webcast Invitation
07/05/201613:09:22Statement of Changes in Beneficial Ownership (4)
07/05/201613:06:35Statement of Changes in Beneficial Ownership (4)
07/05/201613:02:50Statement of Changes in Beneficial Ownership (4)
06/24/201611:28:10Annual Report of Employee Stock Plans (11-k)
06/22/201611:10:00MultiModal Molecular Imaging Institute at Maastricht University...
06/21/201617:12:00Waters Collaborates with Singapore’s Bioprocessing Technology I...
06/06/201610:48:00Waters Announces New Reference Library for Metabolite Profiling...
06/03/201612:56:19Statement of Changes in Beneficial Ownership (4)
06/03/201612:50:15Statement of Changes in Beneficial Ownership (4)
06/02/201608:30:00Waters New Symphony Data Pipeline Software for Personalized Data...
06/01/201615:20:00Waters Corporation Presentation at the Goldman Sachs 37th Annual...
05/25/201613:56:53Statement of Changes in Beneficial Ownership (4)
05/25/201611:58:02Specialized Disclosure Report (sd)
05/17/201612:25:39Statement of Changes in Beneficial Ownership (4)
05/16/201615:58:00Waters Corporation Presentation at the UBS Global Healthcare...
05/16/201609:56:00Statement of Changes in Beneficial Ownership (4)
05/16/201604:00:00Waters Introduces Xevo TQ-XS, the Most Sensitive Benchtop Mass...
05/13/201612:38:44Current Report Filing (8-k)

Waters Corporation and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad