Quest Diagnostics 2006 Annual Report Download - page 4
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Please find page 4 of the 2006 Quest Diagnostics annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.SuryaN.Mohapatra,Ph.D.
CHAIRMAN,PRESIDENTAND
CHIEFEXECUTIVE O FFICER
TO OU R S H A R E H O L D E R S , E M P L O Y E E S A N D C U S T O M E R S :
2006wasayearofoutstandingperformanceforQuestDiagnostics.
Weenhancedourvaluepropositiontopatients,physicians,hospitals
andpayers,andwereportedstrongfinancialperformance.
Amongthemanyhighlightsofour2006financialperformance:
•Revenuesgrew15%to$6.3billion;
•Earningspersharegrew13%to$3.14,despiteareductionof9%in
2006associatedwithaccountingchangesandspecialcharges;and
•Cashfromoperationsreached$952million,anincreaseof$100
millionfrom2005.
Wedrovestrongorganicrevenuegrowthandincreasedprofitability.
Weareproudtobetheundisputedleaderinadynamicindustrythat
providesacriticalhealthcareservicetodoctorsandpatients.Advances
intechnologyareincreasingtherelevanceofdiagnostictesting,while
enablingustomakeitlesspainfulandmoreconvenientthanever.New
diagnosticmarkersarehelpingdoctorsdoabetterjobofdiagnosing,
monitoringandtreatingdisease.Miniaturizationisenablingdiagnostic
testingdevicestomoveclosertothepatient,whetherinthedoctor’s
officeoratthepatient’sbedside.Testsoncereservedexclusivelyfor
specializedesotericlaboratoriesarestartingtobeperformedbylabs
withinhospitals.
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