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Quest Diagnostics Reports First Quarter 2021 Financial Results; Announces Plan for $1.5 Billion Accelerated Share Repurchase


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SECAUCUS, N.J., April 22, 2021 /PRNewswire/  Quest Diagnostics Incorporated (NYSE: DGX), the world s leading provider of diagnostic information services, announced today financial results for the first quarter ended March 31, 2021.
Quest had a very strong first quarter, with our base business continuing its recovery to near pre-pandemic levels, said Steve Rusckowski, Chairman, CEO and President, Quest Diagnostics. Contributions from acquisitions and Professional Lab Services relationships accelerated growth in the base business and helped offset the reduction in demand for COVID-19 testing, which was in line with industry trends. In March, for the first time since the pandemic began, monthly organic revenue in the base business grew versus our 2019 baseline. As we noted at our recent Investor Day, Quest is well positioned to grow as the U.S. exits the pandemic and people return to normal activities and address the routine ca ....

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Quest Diagnostics Updates Strategic Growth Drivers and Provides Long-Term Outlook at 2021 Virtual Investor Day


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SECAUCUS, N.J., March 11, 2021 /PRNewswire/  At a virtual meeting with analysts and investors at its Investor Day, members of the senior management team of Quest Diagnostics Incorporated (NYSE: DGX), the world s leading provider of diagnostic information services, will report on progress made on the company s two-point strategy to accelerate growth and drive operational excellence, and provide a new long-term financial outlook.
Our response to the COVID-19 pandemic demonstrated our agility and capability for innovation, said Steve Rusckowski, Chairman, CEO and President. Earnings from COVID-19 testing continue to help fund investments in the business, which will enable us to further accelerate growth and drive operational excellence. Our base business is poised to fully recover by the end of 2021. We have raised our long-term outlook to a 4-5% revenue CAGR for our base business and a 7-9% earnings CAGR for the total company. ....

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Quest Diagnostics Announces Board Leadership Changes


Quest Diagnostics Announces Board Leadership Changes
Daniel C. Stanzione to Retire from Board and as Lead Independent Director
Timothy M. Ring Selected New Lead Independent Director
Vicky B. Gregg Selected Chair, Compensation Committee
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SECAUCUS, N.J., Feb. 23, 2021 /PRNewswire/ Quest Diagnostics Incorporated (NYSE: DGX), the world s leading provider of diagnostic information services, announced changes in the leadership of its Board of Directors. Daniel C. Stanzione, Ph.D., 75, has decided to step down from his role as Lead Independent Director and will not stand for reelection at the annual meeting of stockholders scheduled for May 21, 2021. Dr. Stanzione, President Emeritus of Bell Laboratories, joined the company s Board in 1997, just as the company s stock became publicly-traded.  He became the company s first Lead Independent Director in 2003.  In 2012, he became non-executive Chairman o ....

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