Quest Diagnostics(DGX)

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Quest Diagnostics Completes Acquisition of Clinical Testing Assets from Fresenius Medical Care
Prnewswire· 2025-08-05 12:33
SECAUCUS, N.J., Aug. 5, 2025 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced the completion of its previously announced acquisition of select clinical testing assets of Fresenius Medical Care's wholly owned Spectra Laboratories, a leading provider of renal-specific laboratory testing services in the United States. With this acquisition, Quest will be positioned to provide dialysis-related clinical testing to independent dialysis clinics p ...
Athena Diagnostics Improves Ataxia Movement Disorder Testing with Novel Long-Read Gene Sequencing
Prnewswire· 2025-07-29 12:52
New test utilizes technology based on PacBio's PureTarget sequencing method to uncover genetic causes of diseaseBOSTON, July 29, 2025 /PRNewswire/ -- Athena Diagnostics, the specialty neurology business of Quest Diagnostics (NYSE: DGX), a leading provider of diagnostic information services, today announced a new laboratory test service intended to provide insights into genetic causes of ataxia, a group of progressive, degenerative neurological disorders that affect movement or coordination.The new service i ...
Why Quest Diagnostics (DGX) is a Top Growth Stock for the Long-Term
ZACKS· 2025-07-28 14:46
Company Overview - Quest Diagnostics Inc. is headquartered in Secaucus, New Jersey, providing diagnostic information services to a wide range of customers including physicians, hospitals, patients, and consumers [11] - The company serves Independent Delivery Networks (IDN) across the United States through its Professional Lab Services (PLS), which help improve quality, reduce healthcare costs, and focus on core competencies [11] Zacks Rank and Style Scores - Quest Diagnostics has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [12] - The company is particularly appealing to growth investors, with a Growth Style Score of B, forecasting a year-over-year earnings growth of 9% for the current fiscal year [12] - Six analysts have revised their earnings estimates higher in the last 60 days for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.03 to $9.73 per share [12] Investment Potential - Quest Diagnostics has an average earnings surprise of +2.1%, which may indicate a positive outlook for investors [12] - With a strong Zacks Rank and top-tier Growth and VGM Style Scores, Quest Diagnostics is recommended to be on investors' short lists [13]
Digi Power X Subsidiary, US Data Centers Inc., Files Provisional Patent for ARMS 200 Modular AI Data Center Platform
Globenewswire· 2025-07-28 11:30
Core Viewpoint - Digi Power X Inc. has filed a provisional utility patent application for its ARMS 200 platform, which is a modular data center solution optimized for AI applications [1][4] Group 1: Product Development - The ARMS 200 is a Tier 3-certified modular data center platform capable of delivering 1 megawatt of compute capacity and supporting up to 256 NVIDIA GPUs [2] - The company plans to scale the ARMS 200 platform to 40 MW of critical power at its Alabama site, supporting approximately 10,240 NVIDIA GPUs [3] - The ARMS 200 platform integrates advanced features such as liquid cooling and dual-path power redundancy, developed in collaboration with Super Micro Computer, Inc. [3] Group 2: Strategic Partnerships - The partnership with Supermicro is crucial for the development and deployment of the ARMS 200 platform, with initial deployment scheduled for the fourth quarter of 2025 [4] - The company has placed a purchase order with Supermicro for NVIDIA B200-powered systems to support the ARMS 200 platform [4] Group 3: Financial Position - As of July 28, 2025, Digi Power X holds over $30 million in cash and cash equivalents with no long-term debt, positioning the company for growth [6]
Digi Power X secures $50M to boost AI data centers – ICYMI
Proactiveinvestors NA· 2025-07-25 21:33
Core Insights - Digi Power X Inc has secured a significant $50 million investment from a single institutional investor, which will facilitate the company's transition from bitcoin mining to tier three AI data centers [1][4][6] Financial Position - The investment increases the company's cash position to over $30 million, with no long-term debt, indicating a strong financial condition for a micro-cap company [2][7] - The funds will be utilized to expand the deployment of NeoCloud tier three AI infrastructure and accelerate the manufacturing and global distribution of ARMS 200 modular data center pods [9] Strategic Focus - The company is transitioning its legacy bitcoin mining assets to develop tier three AI data centers, leveraging proprietary technologies such as the ARMS 200 modular data center platform and NeoCloud GPU-as-a-service infrastructure [3][6] - The investment reflects growing interest in Digi Power X's scalable AI infrastructure strategy, which is supported by advanced Nvidia chips [8][6] Future Plans - The financing will support the transition of the Alabama asset from a bitcoin mining operation to a tier three AI data center for high-performance computing [9] - The investor has expressed strong support and commitment, indicating potential for future long-term financing opportunities [9]
Quest Diagnostics(DGX) - 2025 Q2 - Quarterly Report
2025-07-23 20:25
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-12215 Quest Diagnostics Incorporated Delaware 16-1387862 500 Plaza Drive (State of Incorporation) (I.R.S. Employe ...
Quest Diagnostics Raises 2025 Guidance
The Motley Fool· 2025-07-22 21:02
Diagnostic testing and information services provider Quest Diagnostics (DGX 7.04%) reported fiscal 2025 second-quarter results on Tuesday, July 22, that topped analysts' consensus expectations. Q2 revenue hit $2.76 billion and adjusted earnings per share (EPS) came in at $2.62. These results reflect improvements across sales, margins, and operating income, with management raising its outlook for both revenue and adjusted diluted EPS. The quarter showed a strong contribution from acquisitions, balanced by mo ...
Quest Diagnostics Boosts Its 2025 Outlook
The Motley Fool· 2025-07-22 18:19
Quest Diagnostics (DGX 6.99%) reported its second-quarter 2025 results on July 22, achieving consolidated revenue of $2.76 billion (up 15.2% year over year), organic revenue growth of 5.2%, while adjusted EPS rose 11.5% year over year to $2.62. Management raised full-year revenue guidance to $10.8 billion to $10.92 billion and adjusted EPS to $9.63 to $9.83, citing sustained demand for advanced diagnostics, the integration of last year's LifeLabs acquisition, and scale-driven productivity gains. Investors s ...
Quest Diagnostics Raises Outlook, But Warns Of Tariff And Medicare Act Risks
Benzinga· 2025-07-22 17:10
Core Viewpoint - Quest Diagnostics Inc. delivered strong second-quarter results for 2025, exceeding analyst expectations, which led to an upward revision of its full-year guidance. However, the company highlighted potential challenges from ongoing tariffs and the financial impact of the Protecting Access to Medicare Act (PAMA) if not deferred [1][5]. Financial Performance - For Q2 2025, Quest Diagnostics reported sales of $2.76 billion, a 15.2% year-over-year increase, surpassing the consensus estimate of $2.73 billion. Adjusted earnings per share reached $2.62, up 11.5%, also exceeding the consensus of $2.58 [2]. - Adjusted operating income increased by 17.3% to $466 million, with a slight margin improvement from 16.6% to 16.9%. Revenue per requisition decreased by 0.4%, while requisition volume increased by 16.3% and organic requisition volume improved by 2.1% [4]. Guidance and Outlook - The company revised its 2025 revenue guidance from $10.70 billion-$10.85 billion to $10.80 billion-$10.92 billion, compared to the consensus of $10.79 billion. Adjusted earnings guidance was updated to $9.63-$9.83, up from the previous $9.55-$9.80, and above the consensus of $9.70 [6]. Market Sentiment - Investment firm William Blair expressed confidence in Quest Diagnostics, noting its predictable revenue and earnings growth. The firm reiterated its Outperform rating, with shares trading at 16 times expected earnings over the next 12 months, slightly above the 10-year average of 15 times [7]. Stock Performance - Following the strong results and raised outlook, DGX stock rose by 6.19% to $176.75 [8].
Digi Power X bets big on next-gen data centers
Proactiveinvestors NA· 2025-07-22 15:41
Core Viewpoint - Digi Power X Inc is transitioning from Bitcoin mining to focus on AI data centers, aiming to leverage its existing power infrastructure for higher-value opportunities in the AI sector [1][2]. Company Strategy - The company is rebranding itself as a power infrastructure provider, specifically targeting Tier 3 NeoCloud AI data centers [1][2]. - Digi Power X has four operational sites and approximately 100 megawatts of Bitcoin mining capacity, with plans to develop its first Tier 3 AI data center in Alabama [2][3]. - The economic valuation of AI infrastructure is significantly higher than Bitcoin mining, with AI infrastructure valued at $10 million to $12 million per megawatt compared to $500,000 per megawatt for Bitcoin mining [2]. Infrastructure and Deployment - The Alabama site is expected to be operational by late 2025, initially using 200 Nvidia B200 chips, with plans to upgrade to B300s in early 2026 [3]. - The company can build a Tier 3 data center in six to nine months, significantly faster than the typical three to five years required by new entrants [4]. - Digi Power X's partnership with Super Micro Computer enhances its capabilities, allowing for rapid deployment of AI data centers optimized for high-performance computing [6][7]. Financial Performance - The company's model aims to deliver predictable cash flow and strong margins, with a payback period of less than three years [8]. - Digi Power X's power generation assets have been profitable, supplying electricity to the grid at margins described as "exceptional" during recent heatwaves [11]. - The company is rebating gas at $2.55 per gigajoule, resulting in an effective cost of around $31–32 per megawatt-hour, while the grid pays up to $150 per megawatt-hour [11]. Market Positioning - Digi Power X positions itself as a complementary infrastructure provider to major tech companies, focusing on dedicated AI infrastructure solutions [12]. - The company is refining its execution strategy to convert megawatts into higher-value infrastructure, aiming for a 20 to 25 times multiple [12].