secwatch.observer — SEC 8-K summary
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Issuer:     WATERS CORP /DE/ (WAT)
CIK:        0001000697
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001193125-24-024758
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waters Q4 2023 sales $819M (-4.5%); FY guidance organic growth -0.5% to +1.5%
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- Q4 GAAP EPS $3.65, non-GAAP $3.62 (at high end of guidance); YoY decline from $3.84.
- Full-year 2023 sales $2,956M (-0.5% as reported); non-GAAP EPS $11.75 vs $12.02 prior year.
- Gross margin expanded 160bps to 59.6%; adjusted operating margin expanded 70bps to 30.9%.
- China Q4 sales declined almost 40%; pharma sales down 6% as reported.
- Q1 2024 guidance: organic sales -11% to -9%; non-GAAP EPS $2.05-$2.15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1000697/000119312524024758/0001193125-24-024758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1000697/000119312524024758/d675116d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-024758

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