BrightSpring Health Services, Inc. Reports Financial Results for Fourth Quarter and Full Year 2023 and Provides Full Year 2024 Guidance
BrightSpring Health Services, Inc. (BTSG)
Company Research
Source: GlobeNewswire
LOUISVILLE, Ky., Feb. 29, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Net revenue of $2,375 million, up 20.5% compared to $1,971 million in the fourth quarter of 2022 Net revenue growth was negatively impacted by 1.6% due to the Q4 2022 Workforce Solutions divestiture Gross profit of $369 million, or 15.5% of revenue, up 9.2% compared to $338 million, or 17.1% of revenue, in the fourth quarter of 2022 Gross profit growth was negatively impacted by 1.4% due to the Q4 2022 Workforce Solutions divestiture and by 5.2% due to a one-time Q4 2022 payer rate adjustment Net loss of $7 million, or $(0.06) per diluted share, compared to net loss of $56 million, or $(0.48) per diluted share in the fourth quarter of 2022Adjusted EBITDAI of $143 million, up 2.5% compared to $139 million in the fo
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BTSG
News
- BrightSpring Health Services Announces Onco360® Was Selected as National Pharmacy Partner for OJEMDA™GlobeNewswire
- BrightSpring Health Services, Inc. (NASDAQ: BTSG) had its price target raised by analysts at Wells Fargo & Company from $15.00 to $16.00. They now have an "overweight" rating on the stock.MarketBeat
- BrightSpring Health Services, Inc. Reports First Quarter 2024 Financial Results and Increases Full Year 2024 GuidanceGlobeNewswire
- BrightSpring Health Services, Inc. Welcomes Timothy A. Wicks to Board of DirectorsGlobeNewswire
- BrightSpring Health Services Specialty Pharmacy Onco360® Selected as National Pharmacy Partner for Voydeya®GlobeNewswire
BTSG
Earnings
- 5/2/24 - Miss
BTSG
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/26/24 - Form 8-K
- BTSG's page on the SEC website