IDEXX Labs (IDXX) Tops Q2 EPS by 12c; Raises Outlook

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Go back to IDEXX Labs (IDXX) Tops Q2 EPS by 12c; Raises Outlook

IDEXX Laboratories Announces Second Quarter Results

August 2, 2016 7:02 AM EDT

WESTBROOK, Maine, Aug. 2, 2016 /PRNewswire/ -- IDEXX Laboratories, Inc. (NASDAQ: IDXX) today reported revenues for the second quarter of 2016 of $467 million, an increase of 13% compared to the prior year period. Organic revenue growth for the quarter was also 13%, supported by strong growth in the Companion Animal Group ("CAG") and Water segments.

Earnings per diluted share ("EPS") for the quarter was $0.74, an increase of 23% compared to the prior year period, while absorbing a negative $0.06 per share impact related to net changes in foreign exchange, resulting in constant currency EPS growth of 33%. The... More