IDEXX Labs (IDXX) Tops Q4 EPS by 8c, Updates FY Guidance

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Go back to IDEXX Labs (IDXX) Tops Q4 EPS by 8c, Updates FY Guidance

IDEXX Laboratories Announces Fourth Quarter and Full Year 2018 Results

February 1, 2019 6:27 AM EST

WESTBROOK, Maine, Feb. 1, 2019 /PRNewswire/ --

Achieves revenue growth in Q4 of 9% on a reported basis and 10% on an organic basis, driven by CAG Diagnostics recurring revenue growth of 12% reported and 13% organic Reports 15% year-over-year increase in Catalyst placements at new or competitive accounts in Q4, supporting full year growth of 21% in IDEXX's premium instrument installed base Delivers full year EPS of $4.26, representing 45% growth on a reported basis and 36% on a comparable constant currency basis Reaffirms 2019 revenue guidance of $2,385 million - $2,425 million, reflecting consistent expectations for reported... More