Waters corporation (NYSE: WAT) posted increased EPS of 1.27 for Q2 2015 compared to 1.13 for the same quarter last year. Non-GAAP basis EPS reported 8% increase to 1.32 as compared to 1.22 for same quarter last year.
Sales grow by 3% to $495 million as compared to $482 million in Q2 2014. Due to foreign currency fluctations sales numbers were reduced by 7%.
Commenting on the quarter, Douglas A. Berthiaume, Chairman, President, and Chief Executive Officer, said, “Our strong performance in the second quarter and first half of 2015 demonstrates the power of our technology-focused strategy and commitment to customer support. It also showcases our ability to continuously bring new innovations into the market while maintaining strong margins and strong free cash flow.”
Waters Corporation, founded in 1958 by James L. Waters and headquartered in Milford, Massachusetts, U.S.A., is the world’s leading supplier of ultra performance liquid chromatography, high performance liquid chromatography, mass spectrometry, thermal analysis and rheology instrumentation and consumables. Around the world, Waters products are used by pharmaceutical, biotechnology, industrial, university, and government research & development, quality assurance, and environmental testing laboratories. For these customers, we provide technology that gives scientists fundamental data on the composition of natural products and synthetic chemical mixtures and the physical properties of materials.
Sources: nasdaq, waters.com – corporate website.
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