Idexx Laboratories ( (IDXX) ) has released its Q2 earnings. Here is a breakdown of the information Idexx Laboratories presented to its investors.
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IDEXX Laboratories, Inc. is a global leader in pet healthcare innovation, providing diagnostic and software products and services to the veterinary industry, as well as ensuring the safety of milk and water worldwide. In its latest earnings report, IDEXX Laboratories announced robust financial results for the second quarter of 2025, with a reported revenue growth of 11% and organic growth of 9%, driven by strong performance in its Companion Animal Group (CAG) and Water segments. The company achieved a significant increase in earnings per share (EPS), reporting $3.63, a 49% increase from the previous year, bolstered by strategic innovations and strong commercial execution. Key highlights include a 66% increase in CAG Diagnostics capital instrument revenues and a 15% growth in IDEXX VetLab consumables. The company also updated its 2025 revenue guidance, projecting a range of $4,205 million to $4,280 million, reflecting positive foreign exchange impacts and strong recurring revenue performance. Looking ahead, IDEXX Laboratories remains optimistic about its growth prospects, with an updated EPS outlook for 2025 and continued focus on innovation and expanding its diagnostic solutions globally.