Last $104.35 USD
Change Today +0.01 / 0.01%
Volume 240.8K
WAT On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 08/19/14 All times are local (Market data is delayed by at least 15 minutes).

waters corp (WAT) Snapshot

Open
$104.84
Previous Close
$104.34
Day High
$104.84
Day Low
$104.11
52 Week High
02/20/14 - $115.06
52 Week Low
12/11/13 - $94.50
Market Cap
8.8B
Average Volume 10 Days
394.7K
EPS TTM
$4.94
Shares Outstanding
84.0M
EX-Date
--
P/E TM
21.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for WATERS CORP (WAT)

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waters corp (WAT) Details

Waters Corporation operates as an analytical instrument manufacturer in the United States and internationally. The company's Waters division designs, manufactures, sells, and services high performance liquid chromatography, ultra performance liquid chromatography, and mass spectrometry technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. This segment’s products are used to detect, identify, monitor, and measure the chemical, physical, and biological composition of materials, as well as to purify a range of compounds. Its products are also used in drug discovery and development, including clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Its TA division offers thermal analysis, rheometry, and calorimetry instruments, which are used in predicting the suitability of fine chemicals, pharmaceuticals, water, polymers, and viscous liquids for uses in various industrial, consumer goods, and healthcare products, as well as for life science research. The company also develops and supplies software-based products that interface with its instruments. Its products are used by pharmaceutical, life science, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. Waters Corporation was founded in 1958 and is based in Milford, Massachusetts.

waters corp (WAT) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $774.0K
Executive Vice President and President of the...
Total Annual Compensation: $493.3K
Vice President, General Counsel and Secretary
Total Annual Compensation: $389.0K
Vice President of Human Resources
Total Annual Compensation: $238.0K
Advisor
Total Annual Compensation: $402.3K
Compensation as of Fiscal Year 2013.

waters corp (WAT) Key Developments

Waters Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of 2014

Waters Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, sales were $482 million, an increase of 7% versus sales of $451 million in the second quarter of 2013. On a GAAP basis, earnings per diluted share were $1.13 compared to $1.03 for the second quarter of 2013. On a non-GAAP basis, EPS increased 13% to $1.22 compared to $1.08 in the second quarter of 2013. Operating income was $118,395,000 against $112,692,000 a year ago. Income from operations before income taxes was $112,124,000 against $104,716,000 a year ago. Net income was $96,529,000 against $89,314,000 a year ago. Adjusted Non-GAAP operating income was $127,089,000 against $117,985,000 a year ago. Adjusted Non-GAAP net income was $103,870,000 against $93,545,000 a year ago. In the second quarter, free cash flow came in at $110 million after funding $17 million of capital. For the six months, sales were $912 million, up 4% compared with sales of $881 million in the first six months of 2013. On a GAAP basis, EPS were $1.95 compared to $2.42 for the comparable period in 2013. On a non-GAAP basis and including adjustments, EPS were $2.13 in the first six months of 2014 as compared to $2.15 in 2013. Operating income was $207,156,000 against $222,097,000 a year ago. Income from operations before income taxes was $194,854,000 against $208,123,000 a year ago. Net income was $166,831,000 against $210,373,000 a year ago. Adjusted Non-GAAP operating income was $226,815,000 against $230,856,000 a year ago. Adjusted Non-GAAP net income was $182,491,000 against $186,962,000 a year ago. With these dynamics in play, the company expects to finish the year with a mid single-digit top line sales growth. On the currency translation front and at current exchange rates, the company is estimating that its full year -- that, for the full year, currency will be approximately neutral to sales growth. Gross margins for the full year are expected to be between 58.5% and 59%. Net interest expense is expected to be approximately $28 million. The company expects its full year operating tax rate to be in the range of 14% to 15%. Rolling all of these together, non-GAAP earnings per fully diluted share are expected to be in the range of $5.25 to $5.40. For the third quarter of 2014, the company anticipates organic sales growth to come in at or above a mid single-digit range. For the third quarter, the company anticipates non-GAAP earnings per fully diluted share to be within a range of $1.22 to $1.32.

Waters Corporation and Chinese Pharmacopeia Commission Sign Joint Open Laboratory Cooperation Agreement

Waters Corporation announced an agreement with the Chinese Pharmacopoeia Commission (ChP) to establish a Joint Open Laboratory. Both the ChP and Waters(R) expect the laboratory to become one of the national technical support centers in the field of Chinese pharmaceutical standards. At the collaboration agreement signing ceremony in Beijing, Secretary General Zhang Wei of the ChP pointed out that "the ChP-Waters Joint Open Laboratory cooperation would become another milestone of the development of the ChP. Located in the laboratory building of Beijing Zhendong Guangming Drug Research Institute, the new Joint Open Laboratory is more than 400 square meters (more than 1,300 square feet).

Waters Corporation, Q2 2014 Earnings Call, Jul 22, 2014

Waters Corporation, Q2 2014 Earnings Call, Jul 22, 2014

 

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