Waters Corporation Reports 10% Third Quarter 2008 Sales Growth

MILFORD, Mass.--(BUSINESS WIRE)--Waters Corporation (NYSE/WAT) reported today third quarter 2008 sales of $386 million, an increase of 10% over sales of $353 million in the third quarter of 2007. Foreign currency translation contributed 3% to this reported sales growth rate. On a GAAP basis, earnings per diluted share (E.P.S.) for the third quarter were $0.71, compared to $0.52 for the third quarter in 2007. On a non-GAAP basis and including adjustments noted in the attached reconciliation, E.P.S. grew 27% to $0.79 in the third quarter of 2008 from $0.62 in the third quarter of 2007.
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