IDEXX Labs (IDXX) Tops Q3 EPS by 13c

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IDEXX Laboratories Announces Third Quarter Results

November 2, 2021 6:30 AM EDT

WESTBROOK, Maine, Nov. 2, 2021 /PRNewswire/ -- 

Achieves third quarter revenue growth of 12% as reported and 10% on an organic basis compared to high prior year growth levels Results driven by continued strong CAG business momentum, reflected in CAG Diagnostics recurring revenue growth of 13% reported and 11.5% organic and record Q3 global premium instrument placements Delivers EPS of $2.03, representing 20% growth as reported and 12% on a comparable basis Updates 2021 guidance to higher end of previous guidance ranges, reflecting revenue growth outlook of 17.5% - 18% as reported and 15.5% - 16% organic, and EPS growth of 24% - 25% as... More