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IDEXX Laboratories revenues up 11%; earnings up 50% in Q1; raises guidance

  • IDEXX Laboratories (IDXX +4.6%) Q1 results: Revenues: $462M (+10.6%); Operating Income: $92.2M (+24.9%); Net Income: $69M (+50.0%); EPS: $0.77 (+51.0%); Non-GAAP EPS: $0.65; Quick Assets: $400.3M (+2.1%); CF Ops: $31.3M (+15.9%).
  • 2017 Guidance: Revenues: $1,925M - 1,950M from $1,910M - 1,935M; EPS: $2.95 - 3.11 from $2.85 - 3.01; Capex: ~$90M.

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IDEXX Laboratories, Inc.