earnings
confidence high
sentiment positive
materiality 0.75
Option Care Health Q3 net income up 45% to $56.3M; guides FY23 revenue $4.23B-$4.28B
Option Care Health, Inc.
2023-Q3 EPS reported
$1.16
revenue$3,177,934,000
- Net revenue $1,093.0M (+7.1% YoY); gross profit margin expanded to 23.3% from 21.4%.
- Net income $56.3M ($0.31 basic EPS) vs $38.8M ($0.21) in Q3 2022, +45%.
- Adjusted EBITDA $109.8M, up 28.2% YoY; cash flow from operations $61.0M.
- FY2023 guidance: net revenue $4.23B-$4.28B, Adj. EBITDA $420M-$425M, CFO at least $350M.