Quest, LabCorp Report Third-Quarter Results; Volume Growth Below Expectations

摘要

The poor economic environment resulted in weak volume growth for both Quest Diagnostics (Madison, N.J.) and LabCorp (Burlington, N.C.) in the third quarter, ended Sept. 30, 2011. Quest reported that organic volumes declined by 1.2 percent, excluding a benefit from acquisitions, while LabCorp's volume growth of 2.1 percent was below expectations.