---
schema_version: "secwatch.filing_event.v1"
accession: "0001014739-24-000032"
form_type: "8-K"
ticker: "OPCH"
cik: "0001014739"
company_name: "Option Care Health, Inc."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:13:09.647567+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Option Care Health Q2 2024: revenue +14.8% to $1.23B; net income down 53.6% to $53M

## Summary
- Net revenue of $1,227.2M, up 14.8% YoY; net income of $53.0M ($0.30 EPS) vs $114.4M ($0.63 EPS) in Q2 2023.
- Adjusted EBITDA of $108.4M, down 1.5% from $110.1M; gross margin fell to 20.3% from 23.5%.
- FY 2024 guidance: revenue $4.75-4.85B, adjusted EBITDA $435-450M, cash from ops at least $300M.
- Repurchased ~$78.1M of stock during Q2; amended credit facility to lower interest rate and add $50M liquidity.
- Q2 2023 results included a $62.8M termination payment from Amedisys; adjusting, core operations showed margin pressure.

## SEC filing metadata
- accession: 0001014739-24-000032
- form_type: 8-K
- ticker: OPCH
- cik: 0001014739
- company_name: Option Care Health, Inc.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014739/000101473924000032/0001014739-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014739/000101473924000032/bios-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001014739-24-000032
- JSON: https://secwatch.observer/filing/0001014739-24-000032.json
- Plain text: https://secwatch.observer/filing/0001014739-24-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.