NEW YORK (GenomeWeb) – Laboratory Corporation of America today reported that its net revenues for the first quarter grew 5 percent year over year, while its diagnostics segment improved 8 percent.
For the three months ended March 31, LabCorp posted $2.41 billion in net revenues, up from $2.30 billion in the year-ago quarter, and matching the consensus Wall Street estimate.
Total revenues for the first quarter grew 3 percent year over year to $2.45 billion from $2.37 billion.