Quest 4Q Net Up as Diagnostic Demand Offsets Plunge in Covid Testing - News Summed Up

Quest 4Q Net Up as Diagnostic Demand Offsets Plunge in Covid Testing


By Rob CurranQuest Diagnostics said fourth-quarter net income surged 90% as increased medical testing for miscellaneous conditions more than offset a near halt of Covid-19 testing activity. The Secaucus, N.J.-based provider of medical testing services posted fourth-quarter earnings of $192 million, or $1.70 a share, up from $101 million, or 87 cents a share, a year earlier.


Source: Wall Street Journal February 01, 2024 12:14 UTC



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