secwatch.observer — SEC 8-K summary
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Issuer:     Option Care Health, Inc. (OPCH)
CIK:        0001014739
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001014739-24-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Option Care Health Q1 revenue up 12.8% to $1.146B; EPS $0.26; cash flow hit by cyber incident
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- Net revenue $1,146.1M (+12.8% YoY); net income $44.8M ($0.26 EPS) vs $39.2M ($0.21) YoY.
- Gross margin narrowed to 20.8% from 22.5%; adjusted EBITDA $98.3M (+4.8% YoY).
- Cash flow from operations $(68.8)M vs $89.8M a year ago; cited Change Healthcare cyber incident.
- Completed $40M in stock repurchases; full-year guidance: rev $4.65B-$4.8B, adj EBITDA $430M-$450M.
- Received 2024 Gallup Exceptional Workplace Award.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014739/000101473924000019/0001014739-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014739/000101473924000019/bios-20240423.htm
  HTML page:      https://secwatch.observer/filing/0001014739-24-000019

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