IDEXX Laboratories, Inc. (IDXX) CEO Jay Mazelsky on Q2 2020 Results - Earnings Call Transcript

Jul. 31, 2020 2:20 PM ETIDEXX Laboratories, Inc. (IDXX) StockIDXX
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Q2: 2020-07-31 Earnings Summary

EPS of $1.72 beats by $0.55
 | Revenue of $637.59M (2.82% Y/Y) beats by $47.54M

IDEXX Laboratories, Inc. (NASDAQ:IDXX) Q2 2020 Earnings Conference Call July 31, 2020 8:30 AM ET

Company Participants

Brian McKeon - Chief Financial Officer
Jay Mazelsky - President and Chief Executive Officer

Conference Call Participants

Michael Ryskin - Bank of America
Nathan Rich - Goldman Sachs
Jon Block - Stifel
David Westenberg - Guggenheim Securities
Andrew Cooper - Raymond James

Operator

Good morning and welcome to the IDEXX Laboratories Second Quarter 2020 Earnings Conference Call. As a reminder, today’s conference is being recorded. Participating in the call this morning are Jay Mazelsky, President and Chief Executive Officer; Brian McKeon, Chief Financial Officer; and John Ravis, Senior Director, Investor Relations.

IDEXX would like to preface the discussion today with a caution regarding forward-looking statements. Listeners are reminded that our discussion during the call will include forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those discussed today.

Additional information regarding these risks and uncertainties is available under the forward-looking statements notice in our press release issued this morning, as well as in our periodic filings with the Securities and Exchange Commission, which can be obtained from the SEC or by visiting the Investor Relations section of our website idexx.com.

During this call, we will be discussing certain financial measures not prepared in accordance with Generally Accepted Accounting Principles or GAAP. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures is provided in our earnings release, which may also be found by visiting the Investor Relations section of our website.

In reviewing our second quarter 2020 results, please note all references to growth, organic growth, constant currency growth, and comparable constant currency growth refer to growth compared to the equivalent period in 2019, unless otherwise noted.

To allow broad

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