This News Could Boost Idexx Labs' Earnings for Years to Come

Idexx Laboratories (NASDAQ: IDXX) is a juggernaut in the animal health industry. The $47-billion-market-cap company sells diagnostic equipment to veterinarians and analyzes animal lab results.

Idexx recently reported its earnings for the first quarter of 2021 and showed incredible progress due to the continued growth in the population of pets  and the increased penetration of its products at veterinary clinics. Better yet, the company provided some exciting news on its future products that could further propel earnings growth for the business.

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Source Fool.com