NEW YORK (GenomeWeb News) – Waters today reported that second-quarter revenue increased 6 percent as net income fell 12 percent on increased expenses, causing shares to slide 8.8 percent, or $3.75, to $38.85 in mid-afternoon trading.
 
Total receipts for the three months ended July 1 increased to $302 million from $285 million year over year. Waters said it is seeing strong demand for its Acquity UPLC technology.
 

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