MILFORD, Mass.--(BUSINESS WIRE)--Waters Corporation (NYSE: WAT) reported today third quarter 2015 sales of $501 million, an increase of 2% in comparison to sales of $493 million in the third quarter of 2014. Foreign currency translation reduced sales growth by approximately 7%. On a GAAP basis, earnings per diluted share (EPS) for the third quarter of 2015 were $1.40 compared to $1.34 for the third quarter of 2014. On a non-GAAP basis, including the adjustments in the attached reconciliation, EPS were $1.42 compared to $1.38 in the prior year quarter. A description and reconciliation of GAAP to non-GAAP EPS is attached and can be found on the Company’s website at http://www.waters.com under the caption “Investors”.
Through the first nine months of 2015, sales for the Company were $1.46 billion, up 4% compared with sales of $1.41 billion in the first nine months of 2014. Foreign currency translation decreased sales growth during the first nine months of 2015 by approximately 7%. On a GAAP basis, EPS for the first nine months of 2015 were $3.82 compared to $3.29 for the comparable period in 2014. On a non-GAAP basis, including the adjustments in the attached reconciliation, EPS increased 12% to $3.94 in the first nine months of 2015 as compared to $3.51 in 2014.
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