Financial PerformanceIDEXX delivered +12% EPS growth (FXN), +11% consumables growth, +140bps of GM expansion FXN, +5% growth in pricing, and +100bps of OM expansion FXN.
Market PositionIDXX Cancer Dx is seen as a key growth driver with a $1 billion addressable revenue opportunity.
Product LaunchEarly customer enthusiasm for InVue Dx is high, with a significant number of pre-orders and plans to expand its testing menu.