Navigation Links
Quest Diagnostics Reports Fourth Quarter 2011 Financial Results; Provides Guidance for 2012
Date:1/24/2012

MADISON, N.J., Jan. 24, 2012 /PRNewswire/ -- Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic testing, information and services, announced today that for the fourth quarter ended December 31, 2011, adjusted income from continuing operations was $197 million, or $1.23 per diluted share, compared to $179 million, or $1.03 per diluted share, in 2010. For the fourth quarter of 2011, reported income from continuing operations was $190 million, or $1.19 per diluted share, compared to $167 million, or $0.97 per diluted share, in 2010. Income from continuing operations in the fourth quarter of 2011 was reduced by $0.02 per share related to restructuring and integration activities, and $0.02 per share related to CEO succession costs. In 2010, fourth quarter income from continuing operations was reduced by a $0.03 per share restructuring charge and $0.03 per share related to a litigation settlement. Fourth quarter results include a benefit of $0.08 per share in 2011 and $0.05 per share in 2010 associated with discrete tax items.

Revenues increased 3.0% to $1.9 billion for the fourth quarter. Clinical testing revenues increased 2.6%, with revenue per requisition up 2.2% and volume, measured by the number of requisitions, up 0.4%. Year-over-year volume comparisons benefited by 0.4% due to the impact of weather. The acquisitions of Athena and Celera contributed 3.2% to consolidated revenue growth and 2.6% to clinical testing revenue growth.

For the fourth quarter of 2011, adjusted operating income was $336 million or 17.9% of revenues, compared to $313 million or 17.2% of revenues for 2010. Reported operating income was $325 million, or 17.3% of revenues, compared to $294 million, or 16.1% of revenues, in 2010. Cash flow from operations was $338 million, compared to $340 million in 2010. During the fourth quarter of 2011, the company repurc
'/>"/>

SOURCE Quest Diagnostics Incorporated
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

Related biology technology :

1. NIH Funds $1M Research at Quest Product Development and University of Colorado for New Digitally-Controlled Endoscopes
2. VioQuest Pharmaceuticals, Inc Q2/08 Review Issued by Scimitar Equity, LLC
3. Latest Sleep Disorder Technology Tested With SleepQuest
4. PharmAthene Response to DHHS Request for Proposals for Recombinant Protective Antigen Anthrax Vaccine Deemed Technically Acceptable and Within Competitive Range for Procurement Consideration
5. NeurogesX Responds to EMEAs Day 120 Questions
6. Nasdaq Grants VirtualScopics Request for Continued Listing
7. Cell Therapeutics to Request a Hearing With NASDAQ Following Receipt of Staff Determination Letter
8. SleepQuest Tireless in Pursuit of Good Sleep
9. deCODE Requests Hearing With Nasdaq Following Receipt of Staff Determination Letter
10. Max Planck Institute of Biochemistry Uses MathWorks Tools in Its Quest to Cure Cancer : Institute Accelerates Reconstruction of Key Protein Complexes Using MATLAB and Parallel Computing Toolbox
11. SciQuest Announces Strategic Alliance with QIAGEN
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/23/2015)... MN (PRWEB) April 24, 2015 Ralco ... with Advanced Birthright Nutrition® (ABN) for the exclusive worldwide ... Cup. The new technology is a new in-line milk ... producers by allowing them to move supplementation milk cups ... , “This technology lets producers get Birthright™ ...
(Date:4/23/2015)... (PRWEB) April 23, 2015 The ... intends to conduct a groundbreaking pilot study to ... be reversed in as little as three to ... of metabolic and nutritional medicine—will aggressively target and ... and destroy our aging brain. These include oxidative ...
(Date:4/23/2015)... -- BioTE Medical President and Founder Gary Donovitz ... - Avoiding Over-Medication through Natural Hormone Balance" (ISBN: 9780990706458) ... at JW Marriott / Ritz Carlton Grande Lakes April ... Happier, is a welcomed response to many men and ... higher quality of life thanks to bio-identical hormone replacement ...
(Date:4/23/2015)...  Neurocrine Biosciences, Inc. (Nasdaq: NBIX ) announced ... 2015 results before the Nasdaq market opens on Thursday, ... call and webcast to discuss its financial results and ... at 8:00 a.m. Eastern Time (5:00 a.m. Pacific Time). ... by dialing 866-952-1906 (US) or 785-424-1825 (International) using the ...
Breaking Biology Technology:Ralco Acquires License to Birthright™ Moveable Milk Cup 2New Study Looks to Reverse Alzheimer’s Disease 2New Study Looks to Reverse Alzheimer’s Disease 3Release and Book Signing of BioTE Medical President Gary Donovitz M.D. 'Age Healthier Live Happier' at Age Management Medicine Group (AMMG) Conference 2Release and Book Signing of BioTE Medical President Gary Donovitz M.D. 'Age Healthier Live Happier' at Age Management Medicine Group (AMMG) Conference 3Neurocrine Biosciences Announces Conference Call and Webcast to Report First Quarter 2015 Results 2
... Bristol-Myers Squibb,Company (NYSE: BMY ) invites investors ... its annual meeting with stockholders at 10 a.m. ET ... and board items to be,transacted, senior executives will review ... how to listen to the webcast, please visit the,Investor ...
... CHAPEL HILL, N.C., April 30 Intense global ... force behind companies,adopting Strategic Alliances as the strategy ... a win-win situation for it to be sustainable ... alliance? Best Practices, LLC,s study on Forging,Partnerships That ...
... SAN DIEGO, April 30 SpectraScience, Inc. (OTC,Bulletin Board: ... that it has sold one of its WavSTAT(R) Optical ... The device will be used at,the University of Prague ... cancer., Generally, doctors search for polyps, which are ...
Cached Biology Technology:Biopharmaceutical Alliances: Forging Partnerships That Work 2Sale of Colon Cancer Diagnostic Tool to Czech Republic 2
(Date:4/1/2015)... , April 1, 2015   Medisafe ™, ... million users across iOS and Android ... begun integrating biofeedback into the platform to allow patients ... outcomes. For the first time, patients will be able ... a dose impacts important biometrics, such as glucose levels ...
(Date:3/26/2015)... March 26, 2015 The Granite ... recreation and athletic club, today announced it has implemented ... freedom of movement for members and staff, while restricting ... comprehensive process, we selected FST,s IMID Access system because ... for our members and staff, in addition to unparalleled ...
(Date:3/24/2015)... , March 24, 2015   Crossmatch ™, ... today announced that its U.are.U ® 4500 ... Goorin Bros . to achieve PCI compliance ... secures access to the POS terminal, protecting the ... of data breaches. With one-third ...
Breaking Biology News(10 mins):Medisafe Announces Launch of Biometric Integration, Enabling Patients to Stay Adherent to Their Meds and See Tangible Health Results 2Granite Club First Private Club in North America to Implement FST Biometrics Secure Access Solution, as Part of Multi-million Dollar Expansion 2Crossmatch Fingerprint Readers Help Retailer Prevent Data Breaches at Point-of-Sale 2
... Pixelplus Co.,Ltd. (Nasdaq: PXPL ), a ... and markets CMOS image sensors for various ... the "PM1002", the Company,s,new ,System-On-A-Chip, ("SoC") processor ... integrates a 32-bit RISC microprocessor and on-chip ...
... pinkish-purple ornamental flower, just patented by Cornell, can last for ... garden, it blooms all summer long in the cooler, northern ... new hybrid of the Inca lily ( Alstroemeria ), which ... that is set apart by its lavender-lilac flower color (which ...
... Sciences (SBS) WHAT: Latest Findings and Research on ... April 6-10, 2008 WHERE: SBS 14th Annual ... More than 2,500 researchers and professionals in the ... attend the 14th Annual Conference & Exhibition of the Society ...
Cached Biology News:Pixelplus Unveils Its PM1002 as A Practical Biometric Solution for Iris, Facial and Fingerprint Recognition 2Pixelplus Unveils Its PM1002 as A Practical Biometric Solution for Iris, Facial and Fingerprint Recognition 3Cornell patents a pink lily look-alike that blooms all summer long 2
Mouse monoclonal to OCIL ( Abpromise for all tested applications)....
Oxidative Stress-Inducible Protein Tyrosine Phosphatase...
... GenBank Accession Number : ... (C-QSQENQDTRPKVKAKK), corresponding to amino acids ... Formulation: antiserum in 0.05% sodium ... Assurance: routinely evaluated by immunoblot ...
Antibody specific for histone H3 acetylated at any of the five N-terminal lysine residues. Rabbit polyclonal serum. Antigen: Synthetic peptide derived from histone H3 N-terminal region, mulitpliy...
Biology Products: