secwatch / observer
8-K filed May 3, 2023, 7:59 PM ET ticker OPCH CIK 0001014739
other material confidence high sentiment positive materiality 0.85

Option Care Health beats Q1 estimates, raises FY guidance, announces Amedisys merger

Option Care Health, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Option Care Health, Inc. reported first quarter ended March 31, 2023 results: revenue Net revenue of $1,015.8 million, net income Net income of $39.2 million, EPS $0.22 basic earnings per share. Guidance raised.

Period
first quarter ended March 31, 2023
Revenue
Net revenue of $1,015.8 million
Net income
Net income of $39.2 million
EPS
$0.22 basic earnings per share
Guidance
raised
Result
reported results
Exact text from the filing
Net revenue of $1,015.8 million, up 10.9% compared to $915.8 million in the first quarter of 2022 • Gross profit of $229.0 million, or 22.5% of net revenue, up 14.0% compared to $200.9 million, or 21.9% of net revenue, in the first quarter of 2022 • Net income of $39.2 million, or $0.22 basic earnings per share, up 29.5% compared to net income of $30.3 million, or $0.17 basics earnings per share, in the first quarter of 2022
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Option Care Health, Inc. reported full year 2023 results: revenue Net Revenue of $4.15 billion to $4.375 billion. Guidance raised.

Period
full year 2023
Revenue
Net Revenue of $4.15 billion to $4.375 billion
Guidance
raised
Result
guidance update
Exact text from the filing
Net Revenue of $4.15 billion to $4.375 billion • Adjusted EBITDA of $380 million to $395 million • Cash Flow from Operations of at least $240 million Additionally, the Company continues to anticipate an effective tax rate of 27% - 29% and net interest expense of approximately $61.0 million to $65.0 million.
View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Option Care Health, Inc. filing history →

Source: SEC EDGAR
accession 0001014739-23-000015
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