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Quest Diagnostics Reports Strong Performance in Second Quarter 2009
Date:7/21/2009

presented because management believes that it is a useful adjunct to estimated cash from operations under accounting principles generally accepted in the United States since it is a meaningful measure of the company's ongoing operating performance. Estimated cash from operations before the payment of the previously announced NID settlement is not a measure of financial performance under accounting principles generally accepted in the United States and should not be considered as an alternative to estimated cash from operations. See footnote 7 to the attached tables.

This earnings release, including the attached financial tables, is available online in the Press Room section at www.QuestDiagnostics.com.

TABLES FOLLOW

                      Quest Diagnostics Incorporated and Subsidiaries
                          Consolidated Statements of Operations
                For the Three and Six Months Ended June 30, 2009 and 2008
                   (in millions, except per share and percentage data)
                                       (unaudited)

                                  Three Months Ended       Six Months Ended
                                       June 30,                June 30,
                                   2009        2008        2009        2008

    Net revenues                $1,901.8    $1,837.9    $3,709.8    $3,622.5

    Operating costs and
     expenses:
    Cost of services             1,100.2     1,083.5     2,153.7     2,142.1
    Selling, general and
     administrative                448.8       438.0       873.1       873.1
    Amortization of intangible
     assets                          9.4         9.9        18.4        19.2
    Other operating income, net    (15.9)       (1.6)      (15.8)       (0.3)
      Total operating costs and
       expenses               
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SOURCE Quest Diagnostics
Copyright©2009 PR Newswire.
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