IDEXX Laboratories Announces Fourth Quarter and Full Year 2020 Results
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UPDATE: IDEXX Labs (IDXX) Tops Q4 EPS by 62c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus
February 2, 2021 6:35 AM EST(Updated - February 2, 2021 7:01 AM EST)
IDEXX Labs (NASDAQ: IDXX) reported Q4 EPS of $2.01, $0.62 better than the analyst estimate of $1.39. Revenue for the quarter came in at $720.94 million versus the consensus estimate of $680.03 million.
Achieves fourth quarter reported revenue growth of 19% and organic growth of 17%, driven by CAG Diagnostics recurring revenue reported growth of 23% and organic growth of 21%High revenue growth supported by sustained strong global trends in pet healthcareDelivers full year... More