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Waters Stock: Soars on Strong Earnings and Bold Acquisition

Felix Baarz by Felix Baarz
August 4, 2025
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Waters Corporation’s stock surged 3% premarket to $299 following better-than-expected Q2 results and a transformative billion-dollar acquisition announcement. The analytical instruments specialist reported revenue of $771 million, a 9% year-over-year increase, surpassing forecasts, while adjusted earnings per share rose 12% to $2.95. Recurring revenue grew 11%, with strong performance in pharmaceuticals—particularly in China, where sales jumped 14%—driven by demand for GLP-1 therapies and PFAS testing. The company also revealed plans to acquire BD Biosciences & Diagnostic Solutions, projecting $200 million in cost synergies by year three and $290 million in additional revenue by year five, with immediate EPS accretion.

Raised Guidance Reflects Confidence

Buoyed by robust pharma-sector demand and the BD deal, Waters raised its 2025 outlook, forecasting 5.5%–7.5% constant-currency revenue growth and EPS of $12.95–$13.05, up 10% year-over-year. Q3 EPS is expected at $3.15–$3.25. The acquisition positions Waters to dominate in microbiology and mass spectrometry, tapping into a fast-growing $500 million market. Investors responded positively, signaling renewed faith in the company’s growth trajectory.

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Felix Baarz

Felix Baarz

My name is Felix Baarz, and I look back on over fifteen years of experience as a business journalist. I have always been fascinated by the mechanisms and dynamics of global financial markets as well as the complex economic and political interconnections that shape our world. With this passion, I have made a name for myself as an expert on international financial markets and dedicate myself with great commitment to making even the most complex topics understandable and accessible to my readers. My roots lie in Cologne, where I was born and raised. Early on, my curiosity about economic topics and international developments sparked my interest in journalism. After completing my studies, I began my career as a business editor at a respected German trade publication. Here I laid the foundation for my professional career, but my curiosity soon drew me out into the wider world. A turning point in my life was moving to New York, where I lived for six years and gained insight into leading media houses. In this vibrant metropolis, I was able to report firsthand from the heart of the global financial world. From daily developments on Wall Street to major economic policy decisions that make waves worldwide, I had the opportunity to write about central topics that move people and markets alike. This time shaped my perspective and sharpened my view of global interconnections.

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