IDEXX Labs (IDXX) Tops Q1 EPS by 1c; Issues Light FY15 Outlook

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IDEXX Laboratories Announces First Quarter Results

April 28, 2015 7:00 AM EDT

WESTBROOK, Maine, April 28, 2015 /PRNewswire/ -- IDEXX Laboratories, Inc. (NASDAQ: IDXX) today reported revenues for the first quarter of 2015 of $382 million, an increase of 6% compared to the prior year period. Impacts from the strengthening of the US dollar reduced reported revenue growth by 6%. Normalized organic revenue growth1,2 for the quarter was 11.4%, supported by solid growth across business segments. Earnings per diluted share ("EPS") was $0.98 for the quarter, an increase of 10% compared to the prior year period despite a negative 8% growth impact related to changes in net foreign exchange... More