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Waters Corporation (WAT) Reports First Quarter 2014 Financial Results


4/29/2014 10:55:14 AM

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Waters Corporation (NYSE/WAT) reported today first quarter 2014 sales of $431 million, essentially flat versus sales of $430 million in the first quarter of 2013. In the quarter, the effect of foreign currency translation was neutral to sales growth. On a GAAP basis, earnings per diluted share (E.P.S.) for the first quarter of 2014 were $0.82 compared to $1.39 for the first quarter of 2013. On a non-GAAP basis, including the adjustments in the attached reconciliation, E.P.S. were down 14% to $0.92 compared to $1.07 in the prior year quarter.

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