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IDEXX raises annual forecasts as pet owners spend more on preventive care
Reutersยท 2025-11-03 12:43
Core Insights - IDEXX Laboratories raised its full-year profit and revenue forecasts following better-than-expected third-quarter results, indicating strong performance in the pet diagnostics sector [1] Financial Performance - The company reported improved third-quarter results compared to the previous year, which contributed to the upward revision of its profit and revenue forecasts [1] Market Trends - IDEXX Laboratories is capitalizing on the trend of pet owners increasing their spending on diagnostics and healthcare for their pets, reflecting a growing market demand [1]