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Stock impact report

Global Expansion to Support IDEXX Stock Despite Macroeconomic Issues [Yahoo! Finance]

IDEXX Laboratories, Inc. (IDXX) 
Last idexx laboratories, inc. earnings: 4/30 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: idexx.com/en/about-idexx/investors
Company Research Source: Yahoo! Finance
Yet, currency impacts and uncertain macroeconomic conditions are worrisome for the company. The stock carries a Zacks Rank #3 (Hold). IDEXX's focus on innovation in Companion Animal Group (CAG) has resulted in a highly compelling portfolio of products and services. Diagnostics has remained one of the fastest-growing areas of the veterinary clinic since the determination of a patient's health status and the best treatment path often requires testing. IDEXX largely provides advanced diagnostic capabilities that meet veterinarians' diverse needs through a variety of modalities, including in-clinic diagnostic solutions and outside reference laboratory services. These diagnostic capabilities generate a mix of recurring and non-recurring revenues for IDEXX. Over the past few quarters, CAG Diagnostics' recurring revenue growth has consistently remained above sector growth levels. In the third quarter of 2024, CAG Diagnostics' recurring revenues increased 7% organically, supported by an a Show less Read more
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