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Inside the Lab Industry: Q2 Earnings Decline Despite Rebound in Core Business

Inside the Lab Industry: Q2 Earnings Decline Despite Rebound in Core Business

by Glenn S. Demby | Sep 26, 2023 | Earnings-lir, Lab Compliance Advisor, Laboratory Industry Report, National Lab Reporter

Though COVID-19 testing declines continue to negatively affect lab industry profits, the latest figures suggest the worst may be over.

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Inside the Lab Industry: COVID-19 Declines Kill Top Lab Company Earnings but Genetic Firms Rebound

Inside the Lab Industry: COVID-19 Declines Kill Top Lab Company Earnings but Genetic Firms Rebound

by Glenn S. Demby | Jun 1, 2023 | Earnings-lir, Laboratory Industry Report

Yet, despite these declines, Q1 was neither as bad as expected nor totally devoid of positive signs for the future.

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COVID-19 Losses Take a Toll on Q4 Earnings—but It Could Have Been Worse

COVID-19 Losses Take a Toll on Q4 Earnings—but It Could Have Been Worse

by Glenn S. Demby | Feb 28, 2023 | Earnings-lir, Laboratory Industry Report

Though Q4 earnings in the lab industry took a beating as predicted, the earnings picture wasn’t nearly as bleak as many had feared.

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Lab Industry Earnings Take a Beating in the Fourth Quarter

Lab Industry Earnings Take a Beating in the Fourth Quarter

by Glenn S. Demby | Feb 27, 2023 | News

Drying COVID-19 testing demand drove revenues down, but not as much as expected.

Q3 Lab Company Earnings Take a Hit

Q3 Lab Company Earnings Take a Hit

by Glenn S. Demby | Dec 1, 2022 | Earnings-lir, Laboratory Industry Report

A decline in COVID-19 testing demand, along with a challenging economy, made for a difficult quarter for diagnostics companies.

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