Laboratory Corporation of America (LabCorp): Will The Acquisition of Invitae Be A Game Changer? 

Laboratory Corporation of America Holdings (LabCorp) has seen significant growth in its first quarter of 2024 and continues to show promise for the rest of the year. The total revenue for the quarter was $3.2 billion with adjusted earnings per share at $3.68, which represents a 5% increase in enterprise revenue from the first quarter of 2023. Within the revenue growth, the Diagnostic Laboratories business accounted for a 4% increase, while Biopharma revenue rose 8%. However, the strength of the business was partially offset by a slowdown in early development research laboratories.