secwatch.observer — SEC 8-K summary
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Issuer:     WATERS CORP /DE/ (WAT)
CIK:        0001000697
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001193125-23-039737
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waters to acquire Wyatt Technology for $1.36B cash; Q4 revenue up 9% CC, EPS beat
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- Acquisition of Wyatt Technology for $1.36B cash, expected to close Q2 2023.
- Wyatt had ~$110M 2022 revenue, 20% 3-year CAGR, ~40% adjusted operating margin.
- Transaction accretive to non-GAAP EPS starting Q1 2024; >$70M annual revenue synergies by year 5.
- Q4 2022 sales $859M (+9% CC); GAAP EPS $3.81, non-GAAP $3.84.
- FY2023 guidance: organic CC growth 5-6.5%, non-GAAP EPS $12.55-$12.75.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000697/000119312523039737/0001193125-23-039737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000697/000119312523039737/d405949d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-039737

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer