IDEXX Laboratories Announces Third Quarter Results
IDEXX Laboratories, Inc. (IDXX)
Last idexx laboratories, inc. earnings: 4/30 06:30 am
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US:NASDAQ Investor Relations:
idexx.com/en/about-idexx/investors
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Source: Business Wire
Achieves third quarter revenue growth of 7% as reported and 6% organic, supported by CAG Diagnostics recurring revenue growth of 7% as reported and organic.Organic revenue growth supported by benefits from IDEXX execution drivers including continued solid new business gains and double-digit year-over-year global premium installed base growth.Delivers EPS of $2.80, an increase of 11% as reported and 12% on a comparable basis, supported by operating margin expansion of 110 basis points as reported and 100 basis points on a comparable basis.Adjusts 2024 revenue guidance to $3,865 million - $3,890 million, a reduction of $38 million or ~1% at midpoint, incorporating expectations for near-term negative impacts on growth related to macro and sector conditions constraining pet owner visits and demand at U.S. veterinary clinics.Updates 2024 revenue growth guidance to 5.5% - 6.2% as reported and 5.3% - 6.0% organic, driven by projected CAG Diagnostics recurring revenue growth of 5.6% - 6.2% as
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- IDEXX Laboratories, Inc. (NASDAQ: IDXX) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $435.00 price target on the stock, down previously from $520.00.MarketBeat
IDXX
Earnings
- 10/31/24 - Beat
IDXX
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 8-K
- 11/6/24 - Form 8-K
- IDXX's page on the SEC website