Pharmerica (PMC) Tops Q1 EPS by 2c

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PharMerica Reports First Quarter 2016 Results

May 6, 2016 8:01 AM EDT

Financial Results Exceed Expectations

Strong Cash Flow From Operating Activities

Industry Leading Generic Dispensing Rate Increases to Record 86.6%

Reaffirms Annual 2016 Guidance

LOUISVILLE, Ky.--(BUSINESS WIRE)-- PharMerica Corporation (NYSE: PMC), a national provider of institutional, specialty home infusion, hospital and oncology pharmacy services, today reported its financial results for the first quarter ended March 31, 2016.

                          1Q16 Results    

Comparison to 1Q15

   

Comparison to 4Q15

Revenue     $524.5 million     Increase of 2.5%     Increase of 0.7%... More