July 22, 2011
Idexx Boosts Revenues, Profits
Maine-based Idexx Laboratories Inc., which has operations in Grafton, reported second quarter profits of $48.6 million, an increase of 30 percent from the same quarter last year.
Revenues for the quarter climbed 13 percent to $317.9 million compared to $281.5 million a year before.
The company saw revenue increases across all segments of its business, including its companion animal group, water-testing and livestock and poultry diagnostics.
The company said it expects revenues for the year to reach $1.2 billion.
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