Last $159.04 USD
Change Today +2.21 / 1.41%
Volume 218.3K
IDXX On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 2:17 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

idexx laboratories inc (IDXX) Snapshot

Open
$156.53
Previous Close
$156.83
Day High
$159.64
Day Low
$156.53
52 Week High
01/23/15 - $168.51
52 Week Low
09/23/14 - $113.49
Market Cap
7.5B
Average Volume 10 Days
281.8K
EPS TTM
$3.74
Shares Outstanding
47.1M
EX-Date
--
P/E TM
42.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for IDEXX LABORATORIES INC (IDXX)

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idexx laboratories inc (IDXX) Details

IDEXX Laboratories, Inc., together with its subsidiaries, develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, water testing, and dairy markets worldwide. It operates through Companion Animal Group; Water Quality Products; Livestock, Poultry and Dairy; and Other segments. The company provides point-of-care veterinary diagnostic products, including instruments, consumables, and rapid assays; veterinary reference laboratory diagnostic and consulting services; practice management systems and services, and digital imaging systems for veterinarians; and biological materials testing and laboratory animal diagnostic instruments and services for biomedical research community. It also offers diagnostic, health-monitoring, and food safety testing products for livestock, poultry, and dairy; products that test water for certain microbiological contaminants; and point-of-care electrolytes and blood gas analyzers that are used in the human point-of-care medical diagnostics market. The company sells its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was founded in 1983 and is headquartered in Westbrook, Maine.

6,400 Employees
Last Reported Date: 02/17/15
Founded in 1983

idexx laboratories inc (IDXX) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $784.6K
Executive Vice President
Total Annual Compensation: $396.2K
Executive Vice President
Total Annual Compensation: $396.2K
Executive Vice President
Total Annual Compensation: $396.2K
Vice President of Finance
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2013.

idexx laboratories inc (IDXX) Key Developments

IDEXX Laboratories Launches Somatic Cell Counts Test

IDEXX Laboratories, Inc. launched IDEXX Somaticell SCC Test, an on-farm test that reportedly eliminates the guesswork about somatic cell counts, or SCC, in raw cow milk. The new test will be available in the US, Canada and Latin America. By using the Somaticell SCC Test, producers can get clear-cut results on-farm in less than 2 minutes, allowing them to make real-time decisions about how to manage SCC levels. Knowing whether a somatic cell count is low or high gives producers a better understanding of each cow's health and more options for ensuring milk quality and overall herd health. High somatic cell counts have been linked to declines in production and poor milk quality and can also indicate that roughly one in three cows in a herd may be infected with subclinical mastitis.

IDEXX Laboratories, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year of 2015

IDEXX Laboratories, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, revenue was $351,959,000 against $354,073,000 a year ago. Net income attributable to stockholders was $25,961,000 against $43,258,000 a year ago. Earnings per share diluted were $0.54 against $0.82 a year ago. Adjusted diluted earnings per share were $0.54 against $0.82 a year ago. For the year, revenue was $1,485,807,000 against $1,377,058,000 a year ago. Net income attributable to stockholders was $181,906,000 against $187,800,000 a year ago. Earnings per share diluted were $3.58 against $3.48 a year ago. Adjusted diluted earnings per share were $3.58 against $3.48 a year ago. Net cash provided by operating activities was $235,846 against $245,996 a year ago. Purchases of property and equipment were $60,523 against $77,612 a year ago. Acquisitions of intangible assets were $175,000 against $1,024,000 a year ago. For the full year of 2015, the company is updating its financial guidance, in part to reflect the significant strengthening of the USD relative to foreign currencies. At current foreign exchange rates, the company estimates that the effect of the stronger USD will adversely impact 2015 reported revenue growth by approximately 5% and EPS by an estimated $0.22 per share compared to rates in effect in 2014. The continued strengthening of the USD has the effect of lowering projected revenue by approximately $55 million and EPS by $0.13 per share. These effects are mitigated by the Company's raised expectation for normalized organic revenue growth and assumptions for a 30% effective tax rate, resulting in a net $0.05 per share reduction in its 2015 EPS guidance range compared to its prior guidance provided in October of 2014. Revenue expected to report $1,640 million to $1,660 million, normalized organic revenue growth 13.5% to 14.5%, EPS of $4.33 to $4.43, free cash flow of 90% to 100% of net income. Capital expenditures of $85 million. The company expects an effective tax rate of 30%. The comparison of 2015 guidance excluding the federal R&D tax credit, to 2014 results including this tax credit, reduces projected Adjusted EPS growth by 2%.

IDEXX Laboratories Launches Its New Kidney Test Called SDMA

IDEXX Laboratories announced that it launched its new kidney test, called SDMA to transform the way veterinarians diagnose and treat kidney disease in cats and dogs. The company added that the new IDEXX SDMA test has been shown to detect kidney disease when only 40% function has been lost, on average, and in some cases even earlier, allowing veterinarians to provide more effective intervention, including prescription of therapeutic diets, renal protective drugs and avoidance of renal toxic drugs. This new test incorporates proprietary technology that allows SDMA to be measured on routine high throughput clinical chemistry analyzers used in its reference labs in a highly cost effective fashion and at the same rapid turnaround time as the rest of a chemistry panel, according to the company. In conjunction, the company intends to include the SDMA kidney test in all routine reference lab chemistry profiles at no additional cost to the customer. More than half request for a chemistry panel and almost all customers who use IDEXX as their primary reference lab routinely request lab requisitions that include chemistry testing.

 

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