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QUEST DIAGNOSTICS INC [DGX] reports annual net loss of $908.0 million
Company Reports Revenue of $9.3 billion
By USInMinutes
Published - Mar 07, 2024, 04:28 AM ET
Last Updated - Mar 07, 2024, 04:28 AM EST
QUEST DIAGNOSTICS INC [DGX] has reported a net loss of $908.0 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $9.3 billion
Based in SECAUCUS, New Jersey, QUEST DIAGNOSTICS INC operates in the SERVICES sector.
In the annual report for the fiscal year ending December 31, 2023, Quest Diagnostics reported a decrease in net revenues compared to the previous year. The net revenues for 2023 were $9.252 billion, down from $9.883 billion in 2022 and $10.788 billion in 2021.
Cost of services also decreased from $6.450 billion in 2022 to $6.199 billion in 2023, while operating income fell from $1.428 billion in 2022 to $1.262 billion in 2023.
