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Labcorp, Quest Diagnostics Discuss Q4 & 2023 Earnings

Both lab companies reported modest growth in specimen volume and pricing during 2023

DURING RECENT EARNINGS CALLS WITH FINANCIAL ANALYSTS AND INVESTORS, both Labcorp and Quest Diagnostics discussed their fourth quarter (Q4) and full year 2023 financial results. Each reported some stability in the market for clinical laboratory testing services, reflected in the numbers reported for test volume and pricing. Quest Diagnostics’ earnings call was first, on Feb. …

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