Waters Corp (FRA:WAZ)
€ 330.4 +20 (+6.44%) Market Cap: 31.86 Bil Enterprise Value: 36.34 Bil PE Ratio: 46.91 PB Ratio: 2.37 GF Score: 92/100

Waters Corp at Jefferies Global Healthcare Conference in New York Transcript

Jun 03, 2026 / 02:30PM GMT
Release Date Price: €326.8 (+2.96%)
Tycho Peterson
Jefferies LLC - Analyst

Okay. We're going to go ahead and kick it off. I'm Tycho Peterson from the life science team. It's my pleasure to have Udit from Waters with us today. So welcome, Udit.

Questions & Answers

Tycho Peterson
Jefferies LLC - Analyst

Maybe we can just start with a quick look back on 1Q. Obviously, very strong growth in the legacy Waters business. We'll start there, up double digits. Clearly, humming along in the replacement cycle. Just talk about some of the gives and takes, particularly on the biopharma side you saw in the quarter.

Udit Batra
Waters Corp - President, Chief Executive Officer, Director

Firstly, thank you for having me, Tycho. It's great to be here. A fantastic quarter, double-digit growth. And we saw that this is the legacy business that you're talking about. Instruments still high single digits, LC-MS replacement cycle going very strong.

New products doing extremely well, Alliance IS, TQ Absolute, XR, MRT, nice from new products across the

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