IDEXX beats the Street on Q3 earnings, raises earnings outlook

IDEXX Laboratories Inc. (Nasdaq: IDXX) on Wednesday posted an increase in third-quarter earnings and revenue and raised its full-year earnings per share outlook.

The Westbrook-based veterinary diagnostics and health care provider reported diluted earnings per share of $2.53, an increase of 18% as reported and 16% on a comparable basis. The results reflect a 4-cents-per-share tax benefit from share-based compensation and a negative effect from currency changes of 1 cent per share. Read more

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