Idexx: Q1 Earnings Snapshot
By AP News
Published - 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.
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.
