IDEXX beats expectations on Q2 earnings, but cuts full-year outlook further

IDEXX Laboratories Inc. (Nasdaq: IDXX) on Tuesday posted second-quarter results that exceeded market expectations while again cutting its full-year financial outlook, citing macroeconomic risks and other headwinds.

The Westbrook-based provider of veterinary diagnostics, veterinary practice software and water testing reported Q2 earnings of $1.56 per share, beating the $1.54 per share consensus estimate of analysts polled by Zacks Investment Research. That compares to earnings per share of $2.34 a year ago. Read more

Related Posts

UMaine professor McGill receives top German research award

ORONO — University of Maine ecology professor Brian McGill was awarded the Humboldt Research Award, one of the most prestigious scientific...

20 July 2023

Four Maine workforce programs could get $6.5M in fed funding

Four workforce training programs in Maine could receive nearly $6.5 million in federal funding through the markup of the fiscal year 2024 financial...

18 July 2023

Music as medicine: FDA approves stroke damage therapy from Portland startup

Doctors may soon start writing an unconventional prescription to help stroke survivors regain their ability to walk: music. MedRhythms, a Portland...

14 July 2023