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IDEXX Laboratories Announces Third Quarter Results
Date:10/21/2011

ling, manufacturing and marketing products; the Company's ability to obtain patent and other intellectual property protection for its products, successfully enforce its intellectual property rights and defend itself against third party claims against the Company; the impact of distributor purchasing decisions on sales of the Company's products that are sold through distribution; the impact of competition, technological change, and veterinary hospital consolidation on the markets for the Company's products; changes or trends in veterinary medicine that affect the rate of use of the Company's products and services by veterinarians; the impact of the Company's inexperience in the human point-of-care market; the effects of operations outside the U.S., including  from currency fluctuations, different regulatory, political and economic conditions, and different market conditions; the effects of interruptions to the Company's operations due to natural disasters or system failures; the loss of key employees; class action litigation due to stock price volatility; the effect on the Company's stock price if quarterly or annual operations results do not meet expectations of market analysts or investors in future periods; and potential exposures related to our worldwide provision for income taxes. A further description of these and other factors can be found in the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, in the section captioned "Risk Factors."IDEXX Laboratories, Inc. and SubsidiariesConsolidated Statement of OperationsAmounts in thousands except per share data (Unaudited)Three Months EndedNine Months EndedSept. 30,Sept. 30,Sept. 30,Sept. 30,2011201020112010Revenue:Revenue$
300,954

$
269,628$
911,488

$
819,635Expenses and Income:Cost of revenue142,287

127,421423,863

385,783Gross profit158,667

142,207487,625

433,852Sales and marketing50,682

44,486152,641
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SOURCE IDEXX Laboratories, Inc.
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