earnings
confidence high
sentiment neutral
materiality 0.75
Option Care Health Q3 revenue up 17% but EPS flat; cuts FY2024 guidance on IV bag supply disruption
Option Care Health, Inc.
2024-Q3 EPS reported
$0.87
revenue$3,651,784,000
- Net revenue of $1,278.5M (+17.0% YoY); gross margin fell to 20.1% from 23.3%.
- Diluted EPS $0.31 (GAAP) and adjusted diluted EPS $0.41, both roughly flat YoY.
- Adjusted EBITDA of $115.6M (+5.3% YoY); operating cash flow $160.4M vs $61.0M.
- Hurricane Helene disrupted IV solution bag supply; expects negative Q4 impact.
- FY2024 guidance trimmed: revenue $4.9B-$4.95B, Adj. EBITDA $438M-$443M.