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Home » Research & Discovery » Proteomics & Protein Research » Waters Sees Slowdown in Fourth Quarter HPLC Business - Is Pharma Spending Less?

Waters Sees Slowdown in Fourth Quarter HPLC Business - Is Pharma Spending Less?

Dec 23, 2002
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Earlier this month, Waters revised downwards its sales and earnings outlook for the fourth quarter. While the company had earlier predicted sales would grow 4 percent, before currency effects, it now expects sales to decline by 2 percent. Quarterly earnings per share, originally estimated at $0.46, will now likely be $0.38-$0.40.

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