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Idexx Laboratories, Inc.

IDEXX Laboratories Announces Fourth Quarter and Full Year Results

Published in Healthcare Mergers, Acquisitions and Ventures Week, February 14th, 2009

IDEXX Laboratories, Inc. (NASDAQ:IDXX), reported that revenues for the fourth quarter of 2008 were $243.3 million compared to $245.0 million for the fourth quarter of 2007. Organic revenue growth, which is reported growth adjusted to eliminate the effect of changes in foreign currency exchange rates and revenues from businesses acquired, divested or discontinued since October 1, 2007, was 6.5% for the quarter.

Earnings per diluted share ("EPS") for the quarter ended December 31, 2008 were $0.39, compared to $0.40, for the same period in the prior year. Earnings per share were $0.44 after adjusting to eliminate discrete items related to the disposition of certain...

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