Labcorp Holdings Inc (NYSE:LH) Q2 2024 Results Conference Call August 1, 2024 9:00 AM ET

Company Participants

Christin O’Donnell - Vice President of Investor Relations
Adam Schechter - Chairman, President & Chief Executive Officer
Glenn Eisenberg - Executive Vice President, Chief Financial Officer

Conference Call Participants

Michael Cherny - Leerink Partners
Andrew Brackmann - William Blair
Eric Coldwell - Baird
Elizabeth Anderson - Evercore ISI
Jack Meehan - Nephron Research
Kevin Caliendo – UBS
Lisa Gill - JPMorgan
Erin Wright - Morgan Stanley
John Kim - Bank of America
Stephanie Davis - Barclays
Patrick Donnelly - Citi

Operator

Good day, and thank you for standing by. Welcome to the Labcorp Holdings Inc. Second Quarter 2024 Conference Call. [Operator Instructions]. Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker today, Christin O’Donnell, Vice President of Investor Relations. Please go ahead.

Christin O’Donnell

Thank you, operator. Good morning, and welcome to Labcorp’s Second Quarter 2024 Conference Call. As detailed in today’s press release, there will be a replay of this conference call available. With me today are Adam Schechter, Chairman and Chief Executive Officer; and Glenn Eisenberg, Executive Vice President and Chief Financial Officer.

This morning, in the Investor Relations section of our website at www.labcorp.com, we posted both our press release and an Investor Relations presentation with additional information on our business operations, which include a reconciliation of the non-GAAP financial measures to the most comparable GAAP financial measures both of which are discussed during today’s call.

Additionally, we are making forward-looking statements. These forward-looking statements include, but are not limited to, statements with respect to the estimated 2024 guidance and the related assumptions, the spin-off of Fortrea Holdings, Inc., the impact of various factors on the company’s businesses, operating and financial results, cash flows and/or financial condition including the COVID-19 pandemic and global economic and market conditions, future business strategies, expected savings, benefits and synergies from the LaunchPad initiative and from acquisitions and other strategic transactions and partnerships, the completed holding company reorganization and opportunities for future growth.

Each of the forward-looking statements is subject to change based upon various factors, many of which are beyond our control. More information is included in our most recent annual report on Form 10-K and subsequent quarterly reports on Form 10-Q and in the company’s other filings with the SEC. We have no obligation to provide any updates to these forward-looking statements even if our expectations change.