OPCH - Option Care Health GAAP EPS of $0.63 revenue of $1.07B
2023-07-27 07:29:40 ET
Option Care Health press release ( NASDAQ: OPCH ): Q2 GAAP EPS of $0.63.
Revenue of $1.07B (+9.1% Y/Y).
Gross profit of $250.8 million, or 23.5% of net revenue, up 15.6% compared to $216.9 million, or 22.1% of net revenue, in the second quarter of 2022
Net income of $114.4 million, or $0.64 basic earnings per share, up 237.2% compared to net income of $33.9 million, or $0.19 basic earnings per share, in the second quarter of 2022
Adjusted EBITDA of $110.1 million, up 29.2% compared to $85.2 million in the second quarter of 2022
Cash flow from operations of $169.5 million compared to $104.4 million in the second quarter of 2022
Cash and cash equivalents balance was $441.2 million at the end of the second quarter of 2023
FY Guidance: Net Revenue of $4.2 billion to $4.3 billion; Adjusted EBITDA of $415 million to $425 million; Cash Flow from Operations of at least $350 million, inclusive of Amedisys termination fee, net of expenses
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Option Care Health GAAP EPS of $0.63, revenue of $1.07B