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Number of employees. 48,000 (2023) Website: questdiagnostics.com: Footnotes / references [2] Quest Diagnostics Incorporated is an American clinical laboratory.
Celera Corporation is a subsidiary of Quest Diagnostics which focuses on genetic sequencing and related technologies. It was founded in 1998 as a business unit of Applera , spun off into an independent company in 2008, and finally acquired by Quest Diagnostics in 2011.
Collectively, pundits tracking Quest's stock were modeling $2.58 billion on the top line. They also underestimated profitability, with an average projection of $2.19 per share for adjusted net income.
On December 31, 1996, Corning Clinical Labs was spun-off into an independent company known as Quest Diagnostics. [7] He remained with the company until 2004, when he was succeeded by Surya Mohapatra. [8] In 2005, he joined Kohlberg Kravis Roberts as a managing director. [9]
(Reuters) - Laboratory operator Quest Diagnostics raised its 2024 profit and revenue forecast on Tuesday after beating first-quarter estimates on robust demand for its diagnostic tests.
Quest provided guidance for 2022 which calls for a total revenue to decline between 9.9% and 8.6%, though it also expects base revenues to increase approximately 5.0%. Earnings per share is ...
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Clinical laboratory services includes large multinational corporations such LabCorp, Quest Diagnostics, and Sonic Healthcare [23] but a significant portion of revenue, estimated at 60% in the United States, is generated by hospital labs. [24] In 2018, the total global revenue for these companies was estimated to reach $146 billion by 2024. [25]