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

>

Stockholders' equity:

Common stock, par value $0.01 per

share; 600 shares authorized at

both September 30, 2008 and

December 31, 2007; 214.1 and

213.7 shares issued at September

30, 2008 and December 31, 2007,

respectively 2.1 2.1

Additional paid-in capital 2,247.1 2,210.8

Retained earnings 2,410.9 2,057.7

Accumulated other comprehensive

(loss) income (14.5) 25.3

Treasury stock, at cost; 18.5 and

19.7 shares at September 30,

2008 and December 31, 2007,

respectively (913.6) (971.7)

------- -------

Total stockholders' equity 3,732.0 3,324.2

------- -------

Total liabilities and

stockholders' equity $8,568.7 $8,565.7

======== ========

Quest Diagnostics Incorporated and Subsidiaries

Consolidated Statements of Cash Flows

For the Nine Months Ended September 30, 2008 and 2007

(in millions)

(unaudited)

Nine Months Ended

September 30,

2008 2007

Cash flows from operating activities:

Net income $411.7 $345.2

Adjustments to reconcile net income

to net cash provided by

operating activities:

Depreciation and amortization 198.8 169.3

Provision for doubtful accounts 248.0 223.0

Stock-based compensation expense
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SOURCE Quest Diagnostics Incorporated
Copyright©2008 PR Newswire.
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