WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Tuesday reported first-quarter profit of $278.4 million.
On a per-share basis, the Westbrook, Maine-based company said it had net income of $3.47.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.42 per share.
The Animal diagnostic and health care company posted revenue of $1.14 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $1.12 billion.
Idexx expects full-year revenue in the range of $4.68 billion to $4.76 billion.
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