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NEW YORK – Waters reported on Tuesday that its first quarter revenues fell 10 percent year over year, as the company saw weak sales in China due to the SARS-CoV-2 pandemic.

Waters posted revenues of $464.9 million for the quarter compared to $513.9 million in Q1 2019, below the average Wall Street estimate of $488.5 million.

Currency translation decreased sales growth by around 2 percent, the company said.

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