BioScrip (BIOS) Misses Q1 EPS by 5c

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BioScrip Reports First Quarter 2016 Financial Results

May 5, 2016 4:31 PM EDT

DENVER, May 05, 2016 (GLOBE NEWSWIRE) -- BioScrip, Inc. (NASDAQ: BIOS) (BioScrip or the Company) today announced financial results for the first quarter 2016. For the first quarter, the Company reported revenue from continuing operations of $238.5 million, net loss from continuing operations of ($11.9) million and diluted EPS of ($0.17) loss per share.

First Quarter Highlights

Net revenue for the first quarter 2016 was $238.5 million, a decrease year over year as anticipated in accordance with the planned shift in revenue mix to greater core... More