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Waters Corporation (NYSE: WAT) is a global leader in the field of analytical instruments and software solutions. For nearly six decades, the company has pioneered advancements in chromatography, mass spectrometry, and thermal analysis, catering to life, materials, and food sciences. Headquartered in Milford, Massachusetts, Waters Corp. operates directly in 35 countries, supported by approximately 8,000 employees and 15 manufacturing facilities globally.
Waters' main business segments include Waters, TA Instruments, VICAM, ERA, and Nonlinear Dynamics. The company's diverse product portfolio features ultra-performance liquid chromatography (UPLC), high-performance liquid chromatography (HPLC), chromatography columns, mass spectrometry systems, and laboratory informatics solutions. These innovations empower laboratory-dependent organizations to achieve advancements in healthcare, environmental management, food safety, and water quality.
Waters Corporation serves a wide array of customers, including biopharmaceutical companies (57% of sales), industrial clients (31% of sales), and academic/government institutions (12% of sales). The company’s products are available in over 100 countries, ensuring a broad market reach.
Recent achievements include the launch of new accessories for TA Instruments Discovery Hybrid Rheometers, designed for battery formulation analysis, and the introduction of Oasis WAX/GCB and GCB/WAX Cartridges for PFAS analysis. These innovations reflect the company’s commitment to addressing emerging scientific challenges and regulatory requirements. Additionally, Waters continues to enhance its mass spectrometry capabilities with products like the ACQUITY QDa II Mass Detector and the Xevo MRT MS, aimed at accelerating research in pharmaceuticals, food, chemicals, and materials.
Financially, Waters Corporation reported first-quarter 2024 sales of $637 million, with a strategic focus on innovation and operational efficiency. Despite a 7% decrease in sales compared to the previous year, the company remains optimistic about future growth, driven by new product launches and higher growth areas.
Waters Corporation stands as a pivotal player in the analytical instruments industry, consistently driving scientific advancements and operational excellence.
Waters Corporation (NYSE: WAT) reported first quarter 2022 sales of $691 million, marking a 13% increase year-over-year and a 16% rise in constant currency. Instrument sales surged 26% in constant currency, driven by strong performance across key product lines. The company achieved a GAAP EPS of $2.62 and a non-GAAP EPS of $2.80, reflecting a 22% increase compared to the previous year. Waters raised its 2022 guidance for sales growth to 7.5% to 9% and non-GAAP EPS to $11.90 to $12.10 amid positive customer feedback for new product launches.
Waters Corporation (NYSE:WAT) will host its 2022 Investor Day on May 19, 2022, starting at 8:45 a.m. ET at the New York Stock Exchange in New York, NY. The event includes presentations by senior management and a Q&A session. A live webcast will be available on Waters’ investor relations website, with a replay offered later. Waters Corporation is a leader in analytical instruments and software, serving various scientific fields for over 60 years, operating in 35 countries, and employing over 7,800 people globally.
Waters Corporation (NYSE:WAT) is set to host a live webcast of its Q1 2022 financial results conference call on May 3, 2022, at 8:00 a.m. Eastern Time. Interested parties can access the live presentation via Waters' investor relations website. A replay will be available until May 17, 2022, at midnight Eastern Time. Waters is renowned for its innovations in chromatography, mass spectrometry, and thermal analysis, with over 7,400 employees operating in 35 countries.
Waters Corporation (NYSE:WAT) has launched the Xevo TQ Absolute, advancing mass spectrometry technology. This new tandem quadrupole mass spectrometer is up to 15X more sensitive in quantifying negatively ionized compounds and 45% smaller than its competitors, using 50% less power and nitrogen. Designed for various analytical laboratories, it aims to enhance productivity and support sustainability goals. Shipments are expected to begin in May.
Waters Corporation (NYSE:WAT) has launched the Intact Mass application on the waters_connect platform, enabling faster and simplified biomolecule analysis. This software can confirm the mass and purity of biomolecules nearly twice as fast as existing options. The app is available as an upgrade for new and installed BioAccord LC-MS systems. Additionally, the introduction of Waters MaxPeak Premier columns enhances sensitivity by 2x to 3x compared to conventional steel columns, facilitating effective drug discovery processes.
Waters Corporation (NYSE:WAT) announced that its CEO, Udit Batra, will participate in a fireside chat at the Cowen Healthcare Conference on March 9, 2022, at 2:10 PM EST. Investors can access the live webcast on Waters’ investor relations website, with a replay available for 30 days. Waters Corporation has been a leader in chromatography, mass spectrometry, and thermal analysis for over 60 years, employing over 7,400 people globally and operating in 35 countries.
Waters Corporation (NYSE:WAT) will have its SVP & Chief Financial Officer, Amol Chaubal, participate in a virtual fireside chat at Citi’s 2022 Virtual Healthcare Conference on February 24 at 3:30 PM ET. Investors can access the live webcast through Waters’ investor relations website, with a replay available for 30 days. Waters Corporation is recognized for pioneering innovations in chromatography, mass spectrometry, and thermal analysis, serving various sectors for over 60 years, and operates in 35 countries with more than 7,400 employees.
Waters Corporation (NYSE:WAT) has acquired technology assets and intellectual property from Megadalton Solutions, enhancing its capabilities in Charge Detection Mass Spectrometry (CDMS). This acquisition allows Waters to overcome the limitations of traditional mass spectrometry, particularly in analyzing large proteins used in cell and gene therapies. The integration of CDMS technology is expected to expand Waters' product offerings and attract new customers in the biopharmaceutical sector, potentially boosting revenue from next-generation biologics.
Waters Corporation (NYSE: WAT) reported fourth quarter 2021 sales of $836 million, an increase of 6% as reported and 8% in constant currency from $787 million in Q4 2020. GAAP EPS rose to $3.52 from $3.49. Full-year sales reached $2,786 million, an 18% increase, with GAAP EPS at $11.17, up from $8.36. Despite ongoing pandemic challenges, strong growth was seen across biopharma and industrial sectors. The company expects 2022 sales growth of 5% to 7% and non-GAAP EPS of $11.75 to $12.00.
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