MILFORD, Mass.--(BUSINESS WIRE)--Waters Corporation (NYSE/WAT) reported fourth quarter 2007 sales of $437 million, an increase of 13% over sales of $387 million in the fourth quarter of 2006. In the quarter, foreign currency translation contributed 5% to the reported sales growth rate. On a GAAP basis, earnings per diluted share (E.P.S.) for the fourth quarter were $0.96, compared to $0.78 for the fourth quarter of 2006. On a non-GAAP basis, including the adjustments in the attached reconciliation, E.P.S. grew 17% to $0.98 from $0.84 in the fourth quarter of 2006.