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Stock impact report

Diplomat Pharmacy's Stronger Top Line Doesn't Help Its Bottom Line [The Motley Fool]

DIPLOMAT PHARMACY INC (DPLO) 
Last diplomat pharmacy inc earnings: 11/12 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.diplomat.is/investors/default.aspx
Company Research Source: The Motley Fool
Higher expenses turn solid revenue growth into a second-quarter loss for the pharmacy benefit manager and specialty pharmacy combination. Diplomat Pharmacy ( NYSE:DPLO ) recorded a solid increase in second-quarter revenue, but the bottom line was hurt by its increased debt load and costs associated with hiring its new CEO. Diplomat Pharmacy results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Change Revenue $1.42 billion $1.13 billion 26% Income from operations $7.77 million $4.84 million 60% Earnings per share (loss) ($0.05) $0.05 N/A Adjusted EPS $0.17 $0.25 (32%) Data source: Diplomat Pharmacy. What happened with Diplomat Pharmacy this quarter? Much of the year-over-year increase in revenue -- $189 million of the $290 million -- came from its pharmacy benefits management (PBM) business CastiaRx, which the company didn't own in Show less Read more
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