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Idexx: Q1 Earnings Snapshot
By AP News - May 02, 2023, 06:51 AM ET
Last Updated - Jun 22, 2023, 12:07 AM EDT
WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Tuesday reported first-quarter net income of $214.1 million.
The Westbrook, Maine-based company said it had profit of $2.55 per share.
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The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.38 per share.
The Animal diagnostic and health care company posted revenue of $900.2 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $887.4 million.
Idexx expects full-year earnings to be $9.33 to $9.75 per share, with revenue in the range of $3.62 billion to $3.7 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a IDXX">Zacks stock report on IDXX at https://www.zacks.com/ap/IDXX
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