Name | Value |
---|---|
Revenues | 3,176.6M |
Cost of Revenue | 2,339.4M |
Gross Profit | 837.2M |
Operating Expense | 508.4M |
Operating I/L | 328.8M |
Other Income/Expense | -23.9M |
Interest Income | 0.0M |
Pretax | 297.4M |
Income Tax Expense | 69.1M |
Net Income/Loss | 228.0M |
Laboratory Corporation of America Holdings is a global life sciences company operating in two segments, Labcorp Diagnostics and Labcorp Drug Development. It offers a wide range of tests including blood chemistry analyses, genetic testing, and specialty testing services. Additionally, the company provides end-to-end drug development, medical device, and companion diagnostic development solutions. Its clients include managed care organizations, pharmaceutical, biotechnology, and medical device companies, as well as healthcare providers and patients. Laboratory Corporation of America Holdings generates revenue through the provision of diagnostic testing services, drug development solutions, and related healthcare services.