Labcorp Holdings (LH) Revenue — Quarter Ended Mar 31, 2024
Revenue increased compared to both the prior quarter and the same quarter last year. Trailing twelve-month revenue also showed growth.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased compared to both the prior quarter and the same quarter last year. Trailing twelve-month revenue also showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.2B
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $3B | +3.8% |
| Sep 30, 2023 | $3.1B | +6.6% |
| Dec 31, 2023 | $3B | +3.5% |
| Mar 31, 2024 | $3.2B | +4.7% |
Revenue performance
The company reported higher revenue for the quarter, with growth versus both the immediately preceding period and the year-ago period.
Quarterly comparison
When compared to the prior quarter, revenue rose, and it also increased compared to the same quarter one year earlier.
What to watch
Monitor whether the revenue growth rate can be sustained in the coming quarters.