AI English summary of an SEC filing — figures as filed
The company said sales for Q3 2024 (ended September 28, 2024) were $740 million, up 4% from $712 million a year earlier as reported and up 4% in constant currency.
Key points
AI summaryThe company said sales for Q3 2024 (ended September 28, 2024) were $740 million, up 4% from $712 million a year earlier as reported and up 4% in constant currency.
Waters said diluted GAAP earnings per share for Q3 2024 were $2.71, compared with $2.27 a year earlier, and non-GAAP EPS was $2.93, compared with $2.84. The company cited an unfavorable foreign exchange impact of about 2% on non-GAAP EPS.
Instruments sales rose 1% as reported in Q3 2024, the company said. It added that recurring revenue, which combines service and chemistry, grew 6% as reported and 7% in constant currency.
Waters raised its full-year 2024 non-GAAP EPS outlook to $11.67 to $11.87. It also expects constant currency sales growth of +5.0% to +7.0% in Q4 and non-GAAP EPS of $3.90 to $4.10 in Q4.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q3 2024 Sales $740 million
The company said sales for Q3 2024 (ended September 28, 2024) were $740 million, up 4% from $712 million a year earlier as reported and up 4% in constant currency.
Source · Based on the filing body and exhibits
Q3 GAAP EPS $2.71, Non-GAAP EPS $2.93
Waters said diluted GAAP earnings per share for Q3 2024 were $2.71, compared with $2.27 a year earlier, and non-GAAP EPS was $2.93, compared with $2.84. The company cited an unfavorable foreign exchange impact of about 2% on non-GAAP EPS.
Source · Based on the filing body and exhibits
Q3 Sales Change by Product and Service
Instruments sales rose 1% as reported in Q3 2024, the company said. It added that recurring revenue, which combines service and chemistry, grew 6% as reported and 7% in constant currency.
Source · Based on the filing body and exhibits
Full-Year 2024 and Q4 Outlook
Waters raised its full-year 2024 non-GAAP EPS outlook to $11.67 to $11.87. It also expects constant currency sales growth of +5.0% to +7.0% in Q4 and non-GAAP EPS of $3.90 to $4.10 in Q4.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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