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  "documentTitle": "Heska Corporation (HSKA)",
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  "presentationDate": "2021-10-25 00:00:00",
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      "kind": "callout",
      "text": "Not only has Heska had challenges growing organically, but the Company's profit margins have declined materially since peaking in 2017. Both absolute margins and margin expansion since 2019 trail IDEXX Labs by a wide margin. Investors should be concerned that margins are not expected to improve for several years.",
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      "text": "Non-GAAP Net Income Margin",
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      "kind": "quote",
      "text": "There is certainly opportunity for operating margin expansion beyond '23, as we begin to leverage those operating costs more, but we'll still likely be based on where we're at today and closer to those single -- to close to double digit operating margin metrics.",
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      "text": "There is certainly opportunity for operating margin expansion beyond '23, as we begin to leverage those operating costs more, but we'll still likely be based on where we're at today and closer to those single -- to close to double digit operating margin metrics. — Wilson at Investor Day November 2020",
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      "text": "Source: Heska and IDEXX SEC filings, Bloomberg transcript",
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      "kind": "title",
      "text": "Heska's Profitability Deteriorated Sharply After 2017 And Trails IDEXX By A Wide Margin",
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