secwatch.observer — SEC 8-K summary
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Issuer:     Option Care Health, Inc. (OPCH)
CIK:        0001014739
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001014739-23-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Option Care Health Q2 beats: revenue $1.07B, adj EBITDA $110.1M; received $106M termination fee from Amedisys
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- Net revenue $1,069.1M (+9% YoY); gross profit $250.8M (23.5% of revenue) up 15.6%.
- Net income $114.4M ($0.64 basic EPS) vs $33.9M ($0.19) in prior year, up 237%.
- Adjusted EBITDA $110.1M (+29.2% YoY); cash flow from operations $169.5M.
- Received $106.0M termination fee from Amedisys after rescinding merger agreement.
- Updated FY2023 guidance: revenue $4.2-4.3B, adj. EBITDA $415-425M, CFO at least $350M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014739/000101473923000032/0001014739-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014739/000101473923000032/bios-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001014739-23-000032

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