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Despite Big Write-offs, Quest & LabCorp Report Strong First Quarters

The first quarter of the year looked pretty good for the two national laboratories, as Quest Diagnostics reported strong revenue growth and LabCorp began reaping the benefits of its huge acquisition last year of pharmaceutical firm Covance. For the first quarter ending March 31, the New Jersey-based Quest reported net income of $61 million on […]

The first quarter of the year looked pretty good for the two national laboratories, as Quest Diagnostics reported strong revenue growth and LabCorp began reaping the benefits of its huge acquisition last year of pharmaceutical firm Covance. For the first quarter ending March 31, the New Jersey-based Quest reported net income of $61 million on…

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