Waters Corp. Q4 Earnings Drop 4%

(RTTNews) - Waters Corp. (WAT) released a profit for fourth quarter that lost ground compared to the same period last year.

The company said its bottom line came in at $161.22 million, or $1.96 per share. This was lower than $167.18 million, or $1.99 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 0.5% to $586.61 million. This was up from $583.87 million last year.

Waters Corp. earnings at a glance:

-Earnings (Q4): $161.22 Mln. vs. $167.18 Mln. last year. -Earnings Decline (Y-o-Y): -3.6% -EPS (Q4): $1.96 vs. $1.99 last year. -EPS Decline (Y-o-Y): -1.5% -Revenue (Q4): $586.61 Mln vs. $583.87 Mln last year. -Revenue Change (Y-o-Y): 0.5%