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0.00043129784710493 0.00057506379613977 -0.0016533084139023 -0.00262372856988829 -0.000143765949035045 -0.00485210077993035 0.00143765949034963 0.00294720195521688
Stock impact report

Idexx Laboratories Tops Q1 Estimates Despite COVID-19 Impact [The Motley Fool]

IDEXX Laboratories, Inc. (IDXX) 
Last idexx laboratories, inc. earnings: 4/30 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: idexx.com/en/about-idexx/investors
Company Research Source: The Motley Fool
Business boomed forIdexx Laboratories(NASDAQ:IDXXIdexx Labs announced its first-quarter results before the market opened on Thursday. The company's business is still booming. Here are the highlights from Idexx's Q update.Image source: Getty Images.By the numbersIdexx reported first-quarter revenue of $66 million, a 9% year-over-year jump. This result also handily beat the average analysts' revenue estimate of $67. million.The company announced Q net income of $.9 million, or $.9 per share, based on generally accepted accounting principles (GAAPIdexx ended the first quarter with cash, cash equivalents, and short-term investments of $8. million, down from a cash stockpile of $90. million as of March , 09.Behind the numbersCOVID-9 both helped and hurt Idexx Labs in the first quarter. On the positive side, the company's livestock, poultry, and dairy (LPD) business benefited from accelerated customer stock orders due to the pandemic. LPD revenue jumped % higher than the total in the prior- Show less Read more
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