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IDEXX Labs Fetches Double-Digit Profit Growth

TheMotleyFool

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IDEXX Labs Fetches Double-Digit Profit GrowthPhoto, wide shot, wide-angle lens, Mental health care service, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ce3b930-5e2a-4215-b686-0ad0eb0b922a.png

IDEXX Laboratories (NASDAQ: IDXX), a diversified pet healthcare company, reported its second-quarter results on Thursday.

Revenue growth held steady at 7%, although the number would have been a little bit higher had it not been for currency movements. Steady margin improvements allowed the company to report 16% growth in EPS, and management boosted guidance in response to the broad-based strength.

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