IDEXX Labs (IDXX) Tops Q1 EPS by 9c, Revenues Beat

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IDEXX Laboratories Announces First Quarter Results

April 30, 2020 6:30 AM EDT

WESTBROOK, Maine, April 30, 2020 /PRNewswire/ --

Reports revenue growth of 9% on a reported and organic basis driven by Companion Animal Group ("CAG") Diagnostics recurring revenue growth of 10% reported and organic Delivers EPS of $1.29, representing 10% growth on a reported basis and 13% on a comparable constant currency basis Enhances its liquidity and financial flexibility by increasing its credit facility to $1 billion with extended maturity to 2023 and issuing $200 million in 10-year, 2.5% fixed-rate notes Provides update on recent market and business trends, and steps taken to support customers, protect employees and... More