secwatch.observer — SEC 8-K summary
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Issuer:     Option Care Health, Inc. (OPCH)
CIK:        0001014739
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001014739-23-000015
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Option Care Health beats Q1 estimates, raises FY guidance, announces Amedisys merger
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- Net revenue $1,015.8M (+10.9% YoY); net income $39.2M ($0.22 EPS), up 29.5%.
- Adjusted EBITDA $93.8M (+20.6%); cash flow from ops $89.8M vs $32.7M.
- FY 2023 guidance raised: net revenue $4.15B-$4.375B, Adjusted EBITDA $380M-$395M.
- Completed $75M stock repurchase in Q1.
- Entered definitive agreement to combine with Amedisys (details in separate release).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014739/000101473923000015/0001014739-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014739/000101473923000015/bios-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001014739-23-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer