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

Net income $1.01 $0.83 $1.89 $1.55 Earnings per share attributable to Quest Diagnostics' common stockholders - diluted: Income from continuing operations $1.00 $0.83 $1.89 $1.54 Income (loss) from discontinued operations - (0.01) (0.01) (0.01) Net income $1.00 $0.82 $1.88 $1.53 Weighted average common shares outstanding: Basic 185.3 194.5 187.3 194.3 Diluted 187.0 196.1 188.9 196.0 Operating income as a percentage of net revenues 18.9% 16.8% 18.3% 16.2% Quest Diagnostics Incorporated and Subsidiaries Consolidated Balance Sheets June 30, 2009 and December 31, 2008 (in millions, except per share data) June 30, December 31, 2009 2008 (unaudited) Assets Current assets: Cash and cash equivalents $119.3 $253.9 Accounts receivable, net 896.5 832.9 Inventories 79.7 102.1 Deferred income taxes 154.0 218.4 Prepaid expenses and other current assets 89.5 89.5 Total current assets 1,339.0 1,496.8 Property, plant and equipment, net 843.8 879.7 Goodwill, net 5,067.3 5,054.9 Intangible assets, net 819.3 827.4
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