Waters' Q2 Revenues Inch up But Miss Analyst Estimates

Jul 24, 2012

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NEW YORK (GenomeWeb News) – Waters today said that revenues for the second quarter inched up 1 percent, as the firm missed analyst estimates on the top line.

For the three months ended June 30, the firm posted revenues of $451.5 million, up just under 1 percent from $447.6 million for the second quarter of 2011, but missing Wall Street expectations of $458.4 million. Its organic growth for the quarter was 4 percent.

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