LabCorp Q1 Revenues Inch up 1 Percent | GenomeWeb

NEW YORK (GenomeWeb News) – Laboratory Corporation of America today said that its revenues in the first quarter inched up a little more than 1 percent year over year.

For the three months ended March 31, LabCorp's revenues reached $1.44 billion, up from $1.42 billion a year ago, and just short of the $1.45 billion consensus Wall Street estimate. Testing volume, measured by requisitions was up 1 percent, while revenue per requisition increased .2 percent, LabCorp said, adding that inclement weather reduced volume growth by .5 percent.

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