Quest Diagnostics said net revenues for the quarter ended March 31, 2025 increased 12.1% compared to the prior year period, with DIS revenues up 12.7%. The company said recent acquisitions contributed approximately 10.0% to DIS revenues.

1. 01

   Quest Diagnostics said net revenues for the quarter ended March 31, 2025 increased 12.1% compared to the prior year period, with DIS revenues up 12.7%. The company said recent acquisitions contributed approximately 10.0% to DIS revenues.

2. 02

   Quest Diagnostics said DIS volume increased 12.4% compared to the prior year period, with recent acquisitions contributing approximately 13.3% and organic volume down 0.9%. Revenue per requisition increased 0.3%, and on an organic basis increased 3.6%, the company said.

3. 03

   Quest Diagnostics said net cash provided by operating activities for Q1 2025 was $314 million, an increase of $160 million compared to $154 million in the prior year period. The company said it repaid in full the outstanding indebtedness under $600 million of 3.50% senior notes using a combination of cash on hand and $215 million of borrowings under its secured receivables credit facility.

4. 04

   Quest Diagnostics said results for Q1 2025 were affected by certain items that on a net basis decreased diluted earnings per share by $0.27. These included pre-tax amortization expense of $39 million, or $0.26 per diluted share, and pre-tax charges of $19 million, or $0.13 per diluted share, primarily associated with workforce reductions and integration costs.

Key figures

Quarter ended March 31, 2025

Revenue

$2.7B

Operating income

$346M

Net income

$220M

EPS

$1.94

Operating cash flow

$314M

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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