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0 -9.40884243010727E-06 -9.40884243010727E-06 -6.58618970107509E-05 -0.00194763038303392 -0.00333073022026097 -0.000893840030860832 -0.00239925481967949
Stock impact report

IDEXX (IDXX) Witnesses Rising Expenses, Currency Issues [Yahoo! Finance]

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: Yahoo! Finance
Global macroeconomic conditions, including growing geopolitical complexities, supply chain disruptions leading to increases in the unit cost of raw materials, shortages of healthcare staff, fluctuations in foreign currency exchange rates and volatility in capital markets may continue to affect IDEXX's results of operations. These challenges, along with geopolitical instability, including the current war in Ukraine, have affected IDEXX's supply chain operations globally. With sustained inflationary pressure in the future, the company may struggle to keep in check its cost of revenues and operating expenses. During the first quarter of 2024, IDEXX saw a significant 31.3% uptick in general and administrative expenses. Further, U.S. clinical visit growth levels in the first quarter were relatively softer than anticipated, which is likely due to the ongoing staffing challenges at veterinary clinics and broader cumulative macroeconomic pressure on U.S. consumers. Further, the majority Show less Read more
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