NEW YORK (GenomeWeb) – Laboratory Corporation of America today reported that its third quarter revenues rose 4 percent over Q3 2015, with organic revenue growth and acquisitions offsetting the negative impact of currency translation.

For the quarter ended Sept. 30, the firm reported total revenues of $2.41 billion, up from $2.32 billion year over year and beating the average Wall Street analysts' estimate of $2.38 billion.

Its stock sank in Wednesday morning trade, though, as the firm fell short of the consensus estimate on the bottom line.

Get the full story

This story is free
for registered users

Registering provides access to this and other free content.

Register now.

Already have an account?
Login Now.