Medical device company IDEXX Laboratories, Inc. (NASDAQ: IDXX) on Monday reported higher revenues and earnings for the third quarter of fiscal 2025.
- Third-quarter revenue grew 13% year-over-year to $1.11 billion; sales rose 12% on an organic basis
- CAG Diagnostics recurring revenue increased 11% on a reported basis and 10% on an organic basis
- Livestock, Poultry, and Dairy revenue growth was 17% on a reported basis, and 14% organically
- Third-quarter earnings per share were $3.40, up 21% from last year; on a comparable basis, EPS growth is 15%
- The management raised its full-year revenue guidance range to $4.27-4.30 billion, or reported growth of 9.6-10.3%
- It also raised organic revenue growth guidance for FY25 to 8.8-9.5%, reflecting the operational performance benefits
- Reported operating margin outlook for the year has been raised to 31.6-31.8%
- The company updated its EPS outlook range to $12.81-13.01, incorporating a $0.33 increase at mid-point versus prior guidance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
