IDEXX Laboratories Inc. Reports Third Quarter Results Exceeding Estimates and Raises Annual Guidance
IDXX Idexx Laboratories Inc
$706.65 +4.53%
View chart & analysis → - 1IDEXX reported third quarter adjusted earnings per share (EPS) of $3.96, surpassing the analyst estimate of $3.72.
- 2IDEXX achieved third quarter revenue of $1.21 billion.
- 3CEO Mike Erickson stated that IDEXX's third quarter results were exceptional, reflecting strong commercial execution and momentum from innovation-driven growth strategies.
So what's the key point?
What is the bottom line? IDEXX's third quarter earnings of $3.96 were higher than what experts expected. This means the company performed well by running its business according to plan.
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