IDEXX Laboratories Inc (IDXX) has reported a year-over-year increase in fourth-quarter earnings, surpassing Wall Street predictions. The company's net income reached $216.15 million, equating to $2.62 per share, compared to the previous year's $194.52 million, or $2.32 per share. On average, analysts had projected earnings of $2.40 per share, generally excluding special items from their forecasts.
The period also saw a 5.8% rise in revenue, climbing to $954.29 million from last year's $901.60 million.
A summary of IDEXX Laboratories Inc's performance (GAAP) includes:
- Net Income: $216.15 million, up from $194.52 million the previous year.
- Earnings Per Share (EPS): $2.62, compared to last year's $2.32.
- Revenue: $954.29 million, an increase from $901.60 million year-over-year.
