Labcorp Holdings (LH) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The company's top line continued its upward trajectory from earlier periods.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The company's top line continued its upward trajectory from earlier periods.
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
+1.4%
Change from the immediately preceding quarter.
Year-over-year
+9.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$13B
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 |
|---|---|---|
| Mar 31, 2024 | $3.2B | +4.7% |
| Jun 30, 2024 | $3.2B | +6.2% |
| Sep 30, 2024 | $3.3B | +7.4% |
| Dec 31, 2024 | $3.3B | +9.8% |
Revenue performance
The reported revenue marked a sequential improvement from the immediately preceding quarter and a larger gain from the year-ago period. This reflects sustained demand across the company's operations.
Quarterly comparison
Against the preceding quarter, revenue edged higher, while the year-over-year comparison showed a more pronounced increase. Filing context indicated stronger operating cash flow for the full year, though no direct causal link to the quarterly revenue was stated.
What to watch
Monitor whether the company can sustain its revenue growth trajectory given the absence of explicit growth drivers in the filing context.