IDEXX beats market estimates on Q4 earnings, revenue

IDEXX Laboratories Inc. (Nasdaq: IDXX), on Tuesday posted fourth-quarter earnings and revenues that exceeded market expectations and gave a bullish outlook for 2021.

The Westbrook-based provider of veterinary diagnostics, veterinary practice software and water microbiology testing posted $2.01 in fourth-quarter earnings per diluted share, an increase of 93% over a year ago.

EPS was also well above the $1.43 consensus forecast of analysts polled by Zacks Investment Research, marking the fourth straight quarter the company has beaten market expectations. Read more

Related Posts

Maine’s startup ‘mojo’ highlighted in national ranking

As a place to start a business, Maine’s “mojo” is going strong, as shown in a new national ranking released Tuesday by WalletHub,...

19 January 2023

Maine CDC Director Nirav Shah to join U.S. CDC leadership

Dr. Nirav Shah, director of the Maine Center for Disease Control and Prevention, has been appointed principal deputy director at the...

13 January 2023

$5.6M in state funding to support Maine startups, entrepreneurs

Sixteen Maine organizations helping startups and entrepreneurs will share $5.6 million in state funding from the Pandemic Recovery for an Innovative Maine...

11 January 2023