Navigation Links
Quest Diagnostics Reports Growth in Revenue and Earnings for Third Quarter 2008
Date:10/21/2008


-- Total revenues of $1.8 billion, up 3.4%

-- Adjusted diluted earnings per share of $0.86, up 12%

-- Cash flow from operations improved to $329 million

-- 2008 adjusted EPS guidance increased to $3.17 - $3.22 per diluted share

-- Agreement in principle reached regarding previously disclosed

NID-related matter

MADISON, N.J., Oct. 21 /PRNewswire-FirstCall/ -- , 2008-- Quest Diagnostics Incorporated (NYSE: DGX), the world's leading provider of diagnostic testing, information and services, announced that for the third quarter ended September 30, 2008, adjusted income from continuing operations increased to $0.86 per diluted share, before $0.03 per share associated with a non-cash charge to write down an equity investment, and $0.02 per share associated with the impact of hurricanes. Including these items, net income from continuing operations was $160 million, or $0.81 per diluted share. For the third quarter 2007, net income was $150 million, or $0.77 per diluted share.

Third quarter revenues increased 3.4% to $1.8 billion. The impact of hurricanes reduced revenues by approximately half a percent. Clinical testing revenues increased by 3.0% compared to the prior year. Revenue per requisition increased 2.3% and clinical testing volume, measured by the number of requisitions, increased 0.7%.

"During the quarter, we grew revenues, increased adjusted earnings per share 12% and generated $329 million in cash," said Surya N. Mohapatra, Ph.D., Chairman and Chief Executive Officer. "Our strong cash flows and prudent capital management position us well for these turbulent times. We are successfully executing our plan, focusing on providing a differentiated service to our customers, a
'/>"/>

SOURCE Quest Diagnostics Incorporated
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine news :

1. Intimacy and Sexuality After Cancer: Questions Answered and Concerns Addressed
2. Questions Continue About Using Beta Blockers Before Surgery
3. Register by Oct. 21 for annual carbon sequestration meeting
4. Quest Diagnostics to Release Third Quarter 2008 Financial Results
5. Susan G. Komen for the Cure(R) Advocacy Alliance Suggests Questions for Vice Presidential Debate
6. Maryland Stem Cell Commission Issues Requests for Applications
7. New Questions Raised About Lung Cancer Screening
8. Will patients stick to physical therapy? Questionnaire can help doctors predict
9. Testifying Before Congress, Trust for Americas Health Urges FDA Spending Cap Until Realistic Budget Request is Made
10. Accuracy, efficacy and ethics of abstinence-only programs questioned by public health experts
11. Pediatrichealthchannel.com - New Site for Parents Seeking Answers to Children's Health Questions
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/4/2015)... 04, 2015 SIGVARIS proved ... and their first compression therapy collection designed exclusively for ... collection, SIGVARIS USA is proud to announce the launch ... line. , Constructed from a unique, extremely fine synthetic ... mind. These socks and thigh-highs offer a tailored look ...
(Date:3/4/2015)... The Alliance for Regenerative Medicine (ARM) ... fifth annual Advanced Therapies Summit next Thursday, March ... year will feature five expert-led interactive roundtables with ... leading companies and organizations. , This one-day ... researchers from the advanced therapies community across Europe ...
(Date:3/4/2015)... York, NY (PRWEB) March 04, 2015 Jeannie ... talk show “The Real” graces the cover of the print ... encouraging readers to choose organic when shopping for clothes and ... Nastia Liukin opens up about her commitment to an organic ... me more energy, not only in gymnastics, but also now ...
(Date:3/4/2015)... i2i Systems Population Health Management ... Brexton Health Care, a 35-year-old Maryland-based community health ... provides comprehensive primary care, behavioral health and dental ... clinics in the greater Baltimore area of Maryland. ... the organization has always focused on providing quality ...
(Date:3/4/2015)... 2015 A new dieting routine, called ... terms of extending life. Studies conducted by ... dieting routine can help extend life by increasing anti-oxidant ... long term benefits, many suffering from obesity are already ... is necessary. As an alternative to the new Feast ...
Breaking Medicine News(10 mins):Health News:Building on the Success of MIDTOWN MICROFIBER, SIGVARIS Expands Popular Compression Collection with Longer Foot Length Offerings 2Health News:The Alliance for Regenerative Medicine Announces Agenda for Upcoming Advanced Therapies Summit 2Health News:The Alliance for Regenerative Medicine Announces Agenda for Upcoming Advanced Therapies Summit 3Health News:Chase Brexton Selects i2i Systems Population Health Management Solutions to Demonstrate HEDIS Quality Outcomes to Maryland’s Health Plans 2Health News:Chase Brexton Selects i2i Systems Population Health Management Solutions to Demonstrate HEDIS Quality Outcomes to Maryland’s Health Plans 3Health News:Diet Doc Introduces New Alternative to the Feast and Famine Diet 2Health News:Diet Doc Introduces New Alternative to the Feast and Famine Diet 3
... into a Patient-Centered Approach to Surgical Medicine and Training , ... Moores UCSD Cancer Center Luau & Longboard Invitational announced today ... Program at UCSD, will receive the 2009 Rell Sunn "Queen ... dedication to training the next generation of surgeons. The ...
... LANSING, Mich., June 19 A new study released in ... bankruptcies due to medical debt rose 50% from 2001 to ... in the calls for help from older adults who are ... It is a critical short term problem, but for ...
... critical time for pantries, soup kitchens, shelters , , ... the Greater Chicago Food Depository: , , (Photo: ... ) , , WHO: More than 5,000 ... march against hunger to benefit food pantries, soup kitchens and ...
... Activities Beyond the Call of Duty , , ... American Dental Hygienists, Association and Johnson & Johnson Healthcare ... the HYGIENISTS HERO(R) Recognition Program that salutes dental hygienists, ... communities. The honorees were recognized at the opening ...
... announces the acquisition of the Micron Catheter from private ... 2009. , , (Logo: ... acquisition provides the opportunity to offer our customers another ... for NeuroTherm. NeuroTherm has an established distribution network ...
... Details Fortune 500 Company,s Innovative Vision for ,Community Care, , ... DVA ), a leading provider of kidney care services ... its first Community Care Report to share the company,s vision ... effect of DaVita,s efforts since it began in 1999. ...
Cached Medicine News:Health News:Moores UCSD Cancer Center Luau and Longboard Invitational Announce Dr. David Easter to Receive the 2009 Rell Sunn 'Queen of Makaha' Award 2Health News:Moores UCSD Cancer Center Luau and Longboard Invitational Announce Dr. David Easter to Receive the 2009 Rell Sunn 'Queen of Makaha' Award 3Health News:Moores UCSD Cancer Center Luau and Longboard Invitational Announce Dr. David Easter to Receive the 2009 Rell Sunn 'Queen of Makaha' Award 4Health News:A 50% Increase in Medical Bankruptcies - A Worry for Adults Assisting Aging Parents 2Health News:More Than 5,000 Expected for Greater Chicago Food Depository's 24th Annual Hunger Walk on Saturday, June 20, at Montrose Harbor 2Health News:American Dental Hygienists' Association and Johnson & Johnson Healthcare Products Division of McNEIL-PPC, Inc. Announce Honorees of HYGIENIST HERO(R) Recognition Program 2Health News:American Dental Hygienists' Association and Johnson & Johnson Healthcare Products Division of McNEIL-PPC, Inc. Announce Honorees of HYGIENIST HERO(R) Recognition Program 3Health News:NeuroTherm Completes Acquisition of the Micron Epidural Catheter 2Health News:DaVita Launches First Corporate Social Responsibility Report With Nationwide Community Service Blitz 2Health News:DaVita Launches First Corporate Social Responsibility Report With Nationwide Community Service Blitz 3
(Date:3/4/2015)... DUBLIN , Mar. 04, 2015 Research ... announced the addition of the "Negative Pressure ... Systems) - Global Industry Analysis, Size, Share, Growth, ... to their offering. , The ... by product types and by geography. By product ...
(Date:3/4/2015)...  ECR Booth #317/Expo C - Varian Medical Systems ... spectrum of X-ray imaging solutions that bundle components and ... greater patient throughput for manufacturers of mammography, fluoroscopy, angiography, ... on display at the Annual European Congress of Radiology ... this week.   "This year,s exhibit shows ...
(Date:3/4/2015)... , March 4, 2015  Imprimis Pharmaceuticals, Inc. ... on the development and commercialization of proprietary compounded drug ... quarter and fiscal year 2014 financial results on Thursday, ... call at 4:30 p.m. EDT (1:30 p.m. PDT) on ... report on recent business activities.  The conference call and ...
Breaking Medicine Technology:Global Negative Pressure Wound Therapy (Conventional and Single Use NPWT Systems) Market Report 2014-2020 2Varian Medical Systems to Showcase New X-Ray Imaging Components at the European Congress of Radiology (ECR) Annual Meeting 2Varian Medical Systems to Showcase New X-Ray Imaging Components at the European Congress of Radiology (ECR) Annual Meeting 3Imprimis Pharmaceuticals to Host its Fourth Quarter and Fiscal Year 2014 Financial Report Conference Call and Webcast on March 12, 2015 at 4:30 p.m. EDT 2Imprimis Pharmaceuticals to Host its Fourth Quarter and Fiscal Year 2014 Financial Report Conference Call and Webcast on March 12, 2015 at 4:30 p.m. EDT 3
... done in collaboration with the Centro de,Investigación Médica ... is being presented at,Porphyrins and Porphyrias Congress, Rotterdam, ... 2007 - Amsterdam Molecular,Therapeutics BV (AMT), a leader ... present preclinical data on its AMT-020 gene therapy ...
... - Progenics,Pharmaceuticals, Inc. (NASDAQ: PGNX) today announced positive,results ... drug,PRO 140, in individuals infected with the human ... receiving a,single 5.0 mg/kg dose of PRO 140 ... the blood of 98.5% (1.83,log10), with individual reductions ...
Cached Medicine Technology:Amsterdam Molecular Therapeutics BV to present preclinical,proof-of-concept data on its gene therapy AMT-020 to treat acute,intermittent porphyria 2Amsterdam Molecular Therapeutics BV to present preclinical,proof-of-concept data on its gene therapy AMT-020 to treat acute,intermittent porphyria 3Progenics Announces Positive Results in Clinical Trial of Novel HIV,Therapy 2Progenics Announces Positive Results in Clinical Trial of Novel HIV,Therapy 3Progenics Announces Positive Results in Clinical Trial of Novel HIV,Therapy 4Progenics Announces Positive Results in Clinical Trial of Novel HIV,Therapy 5Progenics Announces Positive Results in Clinical Trial of Novel HIV,Therapy 6Progenics Announces Positive Results in Clinical Trial of Novel HIV,Therapy 7
... hydrophilic PressureWire Certus guidewire from Radi ... cardiology tool for guiding intervention in ... Fractional Flow Reserve (FFR)., ,Enhanced handling ... with a strengthened core wire linking ...
The Safire Bi-directional Ablation Catheter with ComfortGrip Handle is impeccably designed to provide superb comfort, usability, efficiency and adaptability. It is the perfect addition to your EP pro...
The Atria 6100 delivers the highest level of clinical performance while incorporating cutting-edge technology to streamline clinic workflow. It offers timely, high-quality, and accurate ECG results c...
... The new Guidant VASOVIEW® ... to deliver a new level ... harvesting for both the saphenous ... simultaneous cut-and-seal capability, it lets ...
Medicine Products: