October 25, 2017 / 11:05 AM / 2 months ago

LabCorp posts marginal rise in quarterly profit

Oct 25 (Reuters) - Laboratory Corp of America Holdings reported a marginal rise in quarterly profit, helped by higher demand for its diagnostic services, even as costs rose.

Net earnings attributable to LabCorp rose to $180.6 million, or $1.74 per share, in the third quarter ended Sept. 30, from $179.5 million, or $1.71 per share, a year ago.

Net revenue rose 10 percent to $2.66 billion. (Reporting by Manas Mishra in Bengaluru; Editing by Martina D‘Couto)

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