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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 740M | 8.1% |
| Gross Profit | 531M | 11.9% |
| Cost of Revenue | 209M | 0.5% |
| Operating expense | 256M | 0.3% |
| Net Income | 162M | 13.1% |
| EBITDA | 255M | 10.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 4.51B | 1.4% |
| Total Liabilities | 2.91B | 4.2% |
| Total Equity | 1.6B | 13.5% |
| Shares Outstanding | 59M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 205M | 275.1% |
| Cash from investing | -26M | 27.9% |
| Cash from financing | -177M | 419.7% |
EPS
Financial Highlights for Waters Corporation in Q3 '24
Waters Corporation reported a revenue of 740M, which is a 8.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 531M, marking a 11.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 209M, a -0.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 256M, showing a -0.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 162M, showing a 13.1% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 255M, showing a 10.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Waters Corporation with growth in revenue, gross profit, and net income.
