AI English summary of an SEC filing — figures as filed
The company said net revenues for Q1 2025 were $2,652 million, up 12.1% from $2,366 million for Q1 2024, and reported diluted earnings per share of $1.94, up 12.8% year over year.
Key points
AI summaryThe company said net revenues for Q1 2025 were $2,652 million, up 12.1% from $2,366 million for Q1 2024, and reported diluted earnings per share of $1.94, up 12.8% year over year.
Quest Diagnostics said adjusted operating income for Q1 was $406 million (15.3% of net revenues) and adjusted diluted EPS was $2.21, up 8.3% from a year earlier. Adjusted measures are non-GAAP figures that exclude special items such as restructuring and integration charges and amortization expense.
The company said net cash provided by operating activities for Q1 2025 was $314 million, about 2 times the $154 million in the same quarter a year earlier. It said it borrowed $215 million and repaid $600 million of debt in the quarter, and cash and cash equivalents were $188 million as of March 31.
The company said it reaffirmed its 2025 full-year net revenue outlook of $10.70 billion to $10.85 billion and its adjusted diluted EPS outlook of $9.55 to $9.80. Its reported diluted EPS outlook changed to $8.62 to $8.87 from $8.34 to $8.59.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q1 2025 Revenue and Earnings per Share Change
The company said net revenues for Q1 2025 were $2,652 million, up 12.1% from $2,366 million for Q1 2024, and reported diluted earnings per share of $1.94, up 12.8% year over year.
Source · Based on the filing body and exhibits
Adjusted Operating Income and Adjusted Diluted EPS
Quest Diagnostics said adjusted operating income for Q1 was $406 million (15.3% of net revenues) and adjusted diluted EPS was $2.21, up 8.3% from a year earlier. Adjusted measures are non-GAAP figures that exclude special items such as restructuring and integration charges and amortization expense.
Source · Based on the filing body and exhibits
Q1 Operating Cash Flow and Debt Repayment
The company said net cash provided by operating activities for Q1 2025 was $314 million, about 2 times the $154 million in the same quarter a year earlier. It said it borrowed $215 million and repaid $600 million of debt in the quarter, and cash and cash equivalents were $188 million as of March 31.
Source · Based on the filing body and exhibits
Reaffirmed 2025 Full-Year Outlook; Reported EPS Outlook Changed
The company said it reaffirmed its 2025 full-year net revenue outlook of $10.70 billion to $10.85 billion and its adjusted diluted EPS outlook of $9.55 to $9.80. Its reported diluted EPS outlook changed to $8.62 to $8.87 from $8.34 to $8.59.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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