IDEXX Laboratories Inc (NAS:IDXX)

$ 500.82 13.75 (2.82%) Market Cap: 41.36 Bil Enterprise Value: 40.90 Bil PE Ratio: 48.48 PB Ratio: 26.46 GF Score: 98/100

IDEXX Laboratories Inc at William Blair Growth Stock Conference Transcript

Jun 05, 2019 / 01:40PM GMT

Release Date Price: $256.6 (+1.47%)

Transcript

Ryan Scott Daniels

William Blair & Company L.L.C., Research Division - Partner and Healthcare Analyst

Those of you whom I've not yet met, my name is Ryan Daniels. I'm the health care services and IT analyst here at William Blair. So my great pleasure to introduce the management team from IDEXX Laboratories, which will be our second presentation in our 39th Annual Growth Stock Conference. To my left is the company's Chairman and CEO, Jon Ayers, and to his left is CFO, Brian McKeon.

Very pleased to have the organization here once again this year. I'm just telling Jon it's now the longest-tenured company on my coverage list that's been here. I think it's probably close to the 15th year. And as Jon and I were discussing just a minute ago, the stock was probably in the $10 to $15 range when Jon first presented. So clearly, the team has created a ton of value. It's also a great company to have here because I think and I've said this before, the quintessential example of a quality growth stock and a durable business franchise. A company that continues to reinvest in its internal culture, in its

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