(Reuters) -IDEXX Laboratories raised its full-year profit and revenue forecasts on Monday after reporting better third-quarter results than last year, as the pet diagnostics maker banks on owners spending more on preventive testing and care.

Its shares rose 5% in premarket trading.

U.S. vet clinic foot traffic has slowed through the summer, but pet owners kept up spending on veterinary and other services, with growth picking up in the most recent month, according to Jefferies analysts.

The company offers diagnostic equipment such as blood and urine analyzers and imaging systems to help vets diagnose and treat animals. It also provides veterinary software and runs reference laboratories for more complex testing.

Demand for IDEXX’s animal diagnostic equipment remained brisk during the qu

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