Waters (WAT) Revenue — Quarter Ended Apr 1, 2023
Revenue for the quarter declined compared with the same quarter one year earlier. The result also decreased relative to the immediately preceding quarter.
Key takeaway
Quarter ended Apr 1, 2023 · FY2023 Q1
Revenue for the quarter declined compared with the same quarter one year earlier. The result also decreased relative to the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$684.7M
Revenue reported for this quarter.
Quarter-over-quarter
+0.0%
Change from the immediately preceding quarter.
Year-over-year
-0.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 1, 2022 | $708.6M | +7.5% |
| Dec 31, 2022 | $858.5M | +2.6% |
| Mar 31, 2023 | $684.7M | -3.4% |
| Apr 1, 2023 | $684.7M | -0.9% |
Revenue performance
The reported revenue moved downward on both a sequential and year-over-year basis.
Quarterly comparison
Compared with the prior quarter, revenue was lower. Versus the same quarter last year, revenue was also lower.
What to watch
No filing context was supplied to explain the revenue decline; further disclosure from management may clarify the drivers.