Labcorp Holdings (LH) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter rose compared to both the immediately preceding quarter and the same period a year earlier. This marks a continued upward trend for the company.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter rose compared to both the immediately preceding quarter and the same period a year earlier. This marks a continued upward trend for the company.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.9%
Change from the immediately preceding quarter.
Year-over-year
+7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.7B
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 |
|---|---|---|
| Dec 31, 2023 | $3B | +3.5% |
| Mar 31, 2024 | $3.2B | +4.7% |
| Jun 30, 2024 | $3.2B | +6.2% |
| Sep 30, 2024 | $3.3B | +7.4% |
Revenue performance
The reported revenue increased sequentially as well as year over year, with the annual comparison showing a larger gain.
Quarterly comparison
Compared to the prior quarter, revenue improved moderately. Against the same quarter last year, the increase was more substantial, indicating stronger annual performance.
What to watch
Year-over-year revenue growth has accelerated over recent quarters.