Acquisitions, Specialty and Brand Inflation Drive Pharmerica's (PMC) 3Q Beat; Cowen Reiterates Outperform
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PharMerica Reports Third Quarter 2015 Results
November 6, 2015 8:01 AM ESTSolid Year Over Year Improvement in Revenue and Adjusted EBITDA
Industry Leading Generic Dispensing Rate Further Increased to Record 86.5%
Reaffirms Annual 2015 Guidance
LOUISVILLE, Ky.--(BUSINESS WIRE)-- PharMerica Corporation (NYSE: PMC), a diversified national provider of institutional and specialty pharmacy services, today reported its financial results for the third quarter ended September 30, 2015.
         3Q15 Results  ÂComparison to3Q14
  Comparison to2Q15
Revenue   $498.8 million   Increase of 6.1%   Increase of 0.3%Adjusted EBITDA
  $33.3 million   ... MorePharMerica Acquires Luker Pharmacy Management
November 5, 2015 4:05 PM ESTTransaction Expands Companys Hospital Pharmacy Management Business
LOUISVILLE, Ky.--(BUSINESS WIRE)-- PharMerica Corporation (NYSE: PMC), a diversified national provider of institutional and specialty pharmacy services, announced today that it has completed the acquisition of Luker Pharmacy Management (Luker). Terms of the transaction were not disclosed.
... More