IDEXX reports Q2 growth in revenue, earnings, and raises guidance

Westbrook-based IDEXX Laboratories Inc. (Nasdaq: IDXX) on Friday morning reported revenue of $826 million during the year’s second quarter, an increase over the same period in 2020 of 30% on a reported basis and 26% organically.

IDEXX, which makes veterinary diagnostic tools and practice software as well as water microbiology tests, reported earnings per share of $2.34. That represented 36% growth as reported and 33% on a comparable basis, and exceeded the consensus estimate by Zacks Investment Research of $2.01. Read more

Related Posts

Portland startup Marin Skincare launches lobster-based lip treatment

Portland startup Marin Skincare, known for its “lobster lotion,” is expanding that product line to include lip treatments.  Founded out of the University...

20 November 2023

UMaine scientists use eDNA to enhance river herring recovery research in Penobscot River

University of Maine researchers are seeking to gain more insight into river herring recovery in the Penobscot River using a novel...

16 November 2023

FocusMaine co-founder named group’s next president

Nearly a decade after Andrea Cianchette Maker joined forces with Michael Dubyak to launch FocusMaine, Maker will lead the organization as...

15 November 2023