The laboratory industry is off to a strong start in 2017. Although growth rates varied, most firms were up for the quarter. Here's an overview of 1Q 2017 based on the earnings reports we've seen so … [Read more...]
EARNINGS
Diagnostics Sector Reports 4Q Earnings
February 7, 2017
Fourth quarter earnings reports are starting to trickle in. Here is a big picture roundup of some of the key results so far. Gainers Companies with strong 4Q diagnostics revenues include: Abbott … [Read more...]
REVENUES
Diagnostics Earnings Report: Abbott, Quest, Genomics Labs Pace Fourth Quarter Growth
January 23, 2017
Fourth quarter earnings reports are starting to trickle in. Here is a big picture roundup of some of the key results so far. Gainers Companies with strong 4Q diagnostics revenues include: Abbott … [Read more...]
EARNINGS
Publicly-Traded Esoteric Labs Are Off to Good Start in 2016
October 4, 2016
As personalized medicine continues to gain traction in the United States, the publicly-traded esoteric laboratories continue to chug along, posting strong growth numbers, even as some have yet to … [Read more...]
EARNINGS
First Half of Year Yields Earnings Growth for LabCorp, Quest
September 12, 2016
LabCorp and Quest Diagnostics reported significant jumps in profitability during the second quarter of 2016 and throughout the first half of the year. North Carolina-based LabCorp, the larger of … [Read more...]
EARNINGS
LabCorp, Quest Post Big Earnings Growth through First Half of Year
September 1, 2016
LabCorp and Quest Diagnostics reported significant jumps in profitability during the second quarter of 2016 and throughout the first half of the year. North Carolina-based LabCorp, the larger of the … [Read more...]
EARNINGS
Smaller Publicly-Traded Labs Report Mixed Results
March 8, 2016
The publicly-traded esoteric laboratories reported mixed results for the fourth quarter and the full calendar year of 2015. The largest of those labs, Miami-based OPKO Health, Inc., which vastly … [Read more...]
Outlook for Medium-Size Labs Continues to Show Promise
November 19, 2015
The outlook for the mid-size and smaller publicly traded laboratories appears to be bright. Most reported gains in earnings or revenue, or significant capital infusions in the most recent quarter and … [Read more...]
LabCorp Reports Strong Third Quarter; Quest Less So
November 9, 2015
The two major national laboratories continue to wring higher profits out of their operations, even as organic revenue growth remained modest. Both LabCorp and Quest Diagnostics fattened their bottom … [Read more...]
NeoGenomics Purchases GE Healthcare Affiliate Clarient for $275 Million
November 9, 2015
Florida-based NeoGenomics has made a move to bolster its cancer diagnostic offerings, purchasing Clarient, Inc. for $275 million in cash and stock. Clarient and its affiliate Clarient Diagnostic … [Read more...]
