NEW YORK (GenomeWeb) – Laboratory Corporation of America today reported that its first quarter revenues declined around 1 percent year over year partially due to inclement weather in the US.

The diagnostic testing services firm reported total revenues of $1.43 billion for the three months ended March 31, down from $1.44 billion in Q1 2013. It fell short of the Consensus Wall Street estimate of $1.45 billion.

According to the company, inclement weather cut its sales for the quarter by $42 million.

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