Quest Diagnostics Reports Strong Revenue and Earnings Growth in First Qu...(sks anduncertainties that could cause ac...),Health

Date:4/21/2008

sks and uncertainties that could cause actual results and outcomes to be materially different. Risks and uncertainties that may affect the future results of the company include, but are not limited to, adverse results from pending or future government investigations, lawsuits or private actions, the competitive environment, changes in government regulations, changing relationships with customers, payers, suppliers and strategic partners and other factors discussed in "Business" in Part I, Item 1, "Risk Factors" and "Cautionary Factors that May Affect Future Results" in Item I, Part 1A, "Legal Proceedings" in Part I, Item 3, "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II, Item 7 and "Quantitative and Qualitative Disclosures About Market Risk" in Part II, Item 7A in the company's 2007 Annual Report on Form 10-K and other items throughout the Form 10-K and the company's Current Reports on Form 8-K.

-Table Follows-

Quest Diagnostics Incorporated and Subsidiaries

Consolidated Statements of Operations

For the Three Months Ended March 31, 2008 and 2007

(in millions, except per share and percentage data)

(unaudited)

Three Months Ended

March 31,

2008 2007

Net revenues $1,784.6 $1,526.2

Operating costs and expenses:

Cost of services 1,058.6 931.8

Selling, general and administrative 435.1 384.8

Amortization of intangible assets 9.3 4.5

Other operating expense, net 1.3 4.2<
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SOURCE Quest Diagnostics Incorporated Copyright©2008 PR Newswire. All rights reserved

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