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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) has appointed
Waters Corporation (NYSE:WAT) has launched the BioAccord System with ACQUITY Premier, a new LC-MS system aimed at enhancing multi-attribute monitoring of biotherapeutics. This system significantly improves analyte recovery and assay reproducibility, addressing challenges posed by analyte-to-metal interactions. Expected to facilitate quicker access to mass spectrometry data, the system aims to lower costs and expedite the delivery of medicines to patients. Customer shipments are set to commence at the month’s end.
Waters Corporation (NYSE:WAT) has launched the BioAccord System with ACQUITY Premier, an advanced LC-MS system designed for improved monitoring of biotherapeutics. This system significantly enhances analyte recovery and assay reproducibility, allowing faster access to critical data about biologics. Key features include MaxPeak HPS technology, which eliminates analyte-to-metal interactions, resulting in up to 300% increase in sensitivity for glycan profiling. Shipments are expected to begin soon, which may help accelerate the delivery of essential medicines to patients.
Waters Corporation (NYSE:WAT) announced that its CEO, Udit Batra, will present at the Bank of America Global Healthcare Conference on September 16, 2021, at 3:55 PM BST (10:55 AM Eastern Time). Investors can access the live webcast on Waters' investor relations website. Waters, a leader in specialty measurement, has over 7,400 employees and operates in 35 countries, with products available in more than 100 countries.
Waters Corporation (NYSE:WAT) announced that its CEO, Udit Batra, will engage in a virtual fireside chat at Morgan Stanley’s 19th Annual Global Healthcare event on September 14th, 2021, at 8:45 AM EST. Investors can access the live webcast through Waters’ investor relations website. Waters has been a leader in chromatography and mass spectrometry for over 60 years, with more than 7,400 employees across 35 countries.
Waters Corporation reported a strong second quarter 2021 with sales reaching $682 million, a 31% increase from $520 million a year prior, driven by a 4% boost from foreign currency translation. GAAP diluted EPS rose to $2.69 from $1.98 in Q2 2020. For the first half of 2021, sales grew to $1,290 million, with 31% growth compared to the same period last year. The company anticipates full-year sales growth between 13% to 15% and expects non-GAAP EPS of $10.50 to $10.70.
Waters Corporation (NYSE:WAT) will host a live webcast for its Q2 2021 financial results on August 3, 2021, at 8:00 a.m. ET. Investors can access the call through Waters' official website. The replay will be available until August 10, 2021. Waters is a leader in specialty measurement, focusing on chromatography, mass spectrometry, and thermal analysis for life, materials, and food sciences. With over 7,400 employees and operations in 35 countries, Waters has a significant global presence.
Waters Corporation (NYSE:WAT) has launched the TRIOS AutoPilot software, enhancing its thermal analyzer product line under the TA Instruments Division. This software allows laboratory staff to develop standard operating procedures (SOPs) up to 25% faster and eliminates transcription errors, improving productivity and consistency in thermal analysis. It utilizes Google’s Blockly interface, making it user-friendly for script creation without advanced programming skills. The TRIOS AutoPilot includes built-in compliance features, ensuring regulatory adherence, and is available globally.
Waters Corporation (NYSE:WAT) has expanded its collaboration with Singapore's Bioprocessing Technology Institute (BTI) to enhance analytics in glycomics and metabolomics. The partnership aims to improve the rapid identification of complex biomolecules that are crucial for biologics manufacturing. Utilizing advanced instruments like the SYNAPT™ mass spectrometry system, the project addresses the challenges of characterizing biopharmaceuticals through data analytics and machine learning. This collaboration builds on a successful relationship since 2014, targeting cost reduction and efficiency in biomanufacturing processes.
Waters Corporation (NYSE: WAT) has appointed Wei Jiang to its Board of Directors, effective July 14, 2021. Wei currently serves as Executive Vice President at Bayer Pharmaceuticals for the China and APAC regions. His expertise in driving results in fast-growing markets, particularly in China, is viewed as a significant asset for Waters. Dr. Udit Batra, CEO, notes that Wei's experience aligns with the company's growth strategy in the pharmaceutical sector. Wei expressed enthusiasm about contributing to Waters' ongoing transformation, highlighting growth potential in China's pharma market.