IDEXX beats expectations on Q4 results, raises 2020 guidance

IDEXX Laboratories Inc. (Nasdaq: IDXX) on Friday posted better-than-expected fourth-quarter results and raised its 2020 outlook for revenue and earnings.

The Westbrook-based provider of veterinary diagnostics and water testing reported revenues of $605.4 million, up 10% from a year earlier on an organic and reported basis. That exceeds the $599.94 million Zacks Investment Research analysts’ consensus forecast.

The company posted earnings per diluted share of $1.04 on a reported basis, representing 6% growth over a year ago. That’s higher than the consensus forecast of 91 cents a share. Read more

Related Posts

University of Maine recruiting homeowners for tick surveys

ORONO, Maine — With tick season upon us, researchers at the University of Maine want to know what Mainers are doing...

25 April 2023

Maine’s oldest bioscience symposium turns 50 on MDI

Students and accomplished science leaders share research on Mt. Desert Island This April 20 marked the 50th anniversary meeting of the...

23 April 2023

Husson University students, faculty share projects at 13th annual Research Showcase

BANGOR, Maine — Today marked Husson University’s 13th annual Research and Scholarship Day. Students and faculty members at Husson shared the...

20 April 2023