IDEXX Laboratories, Inc. Announces Second Quarter Results
WESTBROOK, Maine, July 30, 2015 /PRNewswire/ -- IDEXX Laboratories, Inc. (NASDAQ: IDXX) today reported revenues for the second quarter of 2015 of $413 million, an increase of 6% compared to the prior year period. Impacts from the strengthening of the US dollar reduced reported revenue growth by 7%. Normalized organic revenue growth1,2 for the quarter was 11%, supported by strong growth in the Companion Animal Group ("CAG") and Water. Earnings per diluted share ("EPS") was $0.60 for the quarter, an increase of 9% compared to the prior year period despite a negative $0.05 per share impact related to net changes in foreign exchange rates.
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