DGX revenue jumps 85% QoQ as AI business and Columbiana project advance
DGX quarterly revenue rose 85% QoQ and 50% YoY, with AI providing 46.2% of sales. Columbiana Phase 1 billing is expected in January 2027.
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what happened
DGX reported third-quarter revenue up 85% from the previous quarter and 50% year over year, according to TradingView. The AI-related business accounted for 46.2% of sales.
The report says billing for Phase 1 of the Columbiana project is expected to begin in January 2027. The company's 2027 annual run-rate target is $250 million to $300 million, but it depends on financing and market conditions.
why it matters
Fast revenue growth and the approach of billing on a contracted project matter to investors judging the company's shift toward AI work. However, the 2027 target is directly tied to raising capital, so reaching it is not yet assured. This text is based on an AI-generated summary, so key figures should be checked against the original source.
market impact
DGX shares: strong revenue growth and a larger AI segment support investor interest.
- DGX shares pressure up — revenue growth and a higher AI share of quarterly sales
tags
instruments
sources
- DGX: AI revenue surged as Columbiana’s contracted build-out advanced toward 2027 billing — TradingView, 13 November 2026 at 12:47 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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