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IDEXX Laboratories (IDXX) Q4 2005 earnings summary

Event summary combining transcript, slides, and related documents.

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Q4 2005 earnings summary

9 Nov, 2026

Executive summary

  • Revenue rose 16% to $638.1M; organic growth was 10% before acquisitions and foreign-exchange effects, with all business areas contributing.

  • Continued investment in product development, customer relationships and talent supported long-term growth plans.

Financial highlights

  • Total revenue was $638.095M in 2005, up from $549.181M in 2004.

  • Operating income was $115.331M versus $108.035M; net income was $78.254M versus $78.332M.

  • Diluted EPS was $2.30 versus $2.19, up 5%; excluding discrete items in both years, diluted EPS grew 13%.

  • Operating cash flow increased to $116.552M from $95.379M.

Outlook and guidance

  • Long-term financial goals remain revenue growth above 10% and mid-teens EPS growth.

  • Growth opportunities include new products, geographic expansion, tuck-in acquisitions and greater connectivity across products and services.

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