Welcome to our dedicated page for Quest Diagnostics news (Ticker: DGX), a resource for investors and traders seeking the latest updates and insights on Quest Diagnostics stock.
Quest Diagnostics Incorporated (DGX) provides essential diagnostic insights and testing services across the U.S. healthcare system. This news hub aggregates official press releases, financial updates, and strategic developments from one of America's leading clinical laboratory networks.
Investors and healthcare professionals will find timely updates on earnings reports, partnership announcements, and technological advancements in diagnostic testing. Our curated news feed includes regulatory milestones, service expansions, and innovations leveraging DGX's vast clinical database.
Key updates cover emerging trends in precision diagnostics, laboratory network growth, and healthcare collaborations. Users can track the company's progress in cancer detection, genomic testing, and data-driven health solutions through verified primary sources.
Bookmark this page for direct access to DGX's latest financial performance data, leadership changes, and operational developments. Visit regularly to stay informed about how Quest Diagnostics continues shaping diagnostic medicine through clinical excellence and strategic initiatives.
Quest Diagnostics (NYSE: DGX) will present at the Morgan Stanley 19th Annual Global Healthcare Conference on September 9, 2021, at 9:30 a.m. ET. CEO Steve Rusckowski and EVP Jim Davis will discuss the company's growth strategy and the COVID-19 pandemic's impact. The presentation will be available for live streaming on the company's investor relations page and will remain archived for later viewing until October 9, 2021.
Quest Diagnostics (NYSE: DGX) has elected Ms. Tracey C. Doi to its Board of Directors, increasing the board's membership to 10. As CFO of Toyota Motor North America, Ms. Doi brings extensive experience in finance and strategic planning. Company leadership expressed confidence that her expertise will enhance Quest's capabilities in the healthcare sector. Alongside her role at Quest, Ms. Doi is involved with various organizations, contributing to risk management and corporate governance initiatives.
Quest Diagnostics (DGX) has declared a quarterly cash dividend of $0.62 per share, to be paid on October 20, 2021. Shareholders of record as of October 5, 2021 will receive this dividend. The company, a leader in diagnostic information services, highlights its commitment to improving health outcomes through diagnostic insights. Quest services about one in three adult Americans and supports numerous healthcare providers across the U.S., employing nearly 50,000 staff dedicated to transforming lives through health management.
Quest Diagnostics (DGX) reported strong Q2 2021 results, with net revenues soaring to $2,550 million, a 39.5% increase year-over-year. This marks the first time since 2019 that organic base testing revenues grew, propelled by new hospital lab contracts and increased healthcare engagement. Operating income rose 88.4% to $533 million, resulting in a diluted EPS of $4.96, a 264.2% increase. The company anticipates 2021 net revenues between $9.54 billion and $9.79 billion and adjusted diluted EPS of $10.65 to $11.35.
CLX Health has partnered with Quest Diagnostics (NYSE: DGX) to enhance COVID-19 testing access for individuals attending live events or traveling internationally. This collaboration allows users to schedule PCR/NAAT tests at Quest's patient service centers and over 750 retail pharmacy locations across the U.S., with results available within 48 hours. Quest is the first national provider to join the TrustAssure™ Global Testing Platform, which coordinates testing locations for major airlines and event venues. This initiative aims to facilitate safer travel experiences as pandemic restrictions ease.
Quest Diagnostics (DGX) has launched the Tackle Your Testing program to combat health disparities worsened by the COVID-19 pandemic. The initiative aims to provide no-cost diagnostic testing services at events starting from July 17-18 in Tampa, Florida, in collaboration with local health centers and charities. This program addresses the decline in routine diagnoses of chronic illnesses during the pandemic, offering consultations, educational resources, and healthy meals. Former NFL player Warrick Dunn will also participate in promoting this health initiative.
Quest Diagnostics (NYSE: DGX) has announced it will release its second quarter 2021 financial results on July 22, 2021, before market opening. The company will host a conference call at 8:30 a.m. Eastern Time to discuss these results. Interested participants can access the call through various numbers provided for U.S., Canada, and international callers. A replay will be available shortly after the call. Quest Diagnostics continues to provide diagnostic insights, serving a substantial portion of American adults and healthcare providers.
Biocept, Inc. (Nasdaq: BIOC) announced a collaboration with Quest Diagnostics (NYSE: DGX) to provide its Target Selector NGS-based liquid biopsy assay for lung cancer testing. This assay, designed for patients with advanced non-small cell lung cancer, enables less invasive genomic profiling and monitoring of treatment effectiveness. Expected to launch in Q4 2021, the service will be accessible through Quest's extensive patient service centers across the U.S. This partnership aims to enhance patient care and expand Biocept’s market reach in oncology diagnostics.
Quest Diagnostics (NYSE: DGX) released its 2020 Annual Corporate Responsibility Report, titled "A Year of Challenge and Change." The report highlights the company's response to the COVID-19 pandemic, including performing 30 million tests and launching the Quest for Health Equity initiative, aimed at reducing health disparities in underserved communities with over $100 million allocated for this purpose. Additionally, Quest made strides in operational sustainability and increased its commitment to diversity and inclusion.
