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Stock impact report

Option Care Health Reports Financial Results for Fourth Quarter and Full Year 2023 [Yahoo! Finance]

Option Care Health, Inc. (OPCH) 
Last option care health, inc. earnings: 3/5 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
largest independent provider of home and alternate site infusion services, announced today financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights Net revenue of $1,124.4 million, up 9.5% compared to $1,027.2 million in the fourth quarter of 2022 Gross profit of $247.1 million, or 22.0% of revenue, up 6.9% compared to $231.1 million, or 22.5% of revenue, in the fourth quarter of 2022 Net income of $57.2 million, or $0.32 earnings per share, inclusive of the impact from non-operating income, compared to net income of $47.5 million, or $0.26 earnings per share in the fourth quarter of 2022 Adjusted EBITDA of $111.6 million, up 18.4% compared to $94.3 million in the fourth quarter of 2022 Cash flow from operations of $51.0 million, and cash balances of $343.8 million at the end of the fourth quarter The Company announced that it fulfilled $250 million in share repurchases and the Board of Directors authorized Show less Read more
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