Pharmerica (PMC) Reports In-Line Q2 EPS

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PharMerica Reports Second Quarter 2016 Results

August 9, 2016 8:02 AM EDT

Diversified Pharmacy Businesses Exceeding Managements Expectations

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 second quarter ended June 30, 2016.

          2Q16 Results  

Comparison to

2Q15

 

Comparison to

1Q16

  Revenue     $519.6 million   Increase of 4.4%   Decrease of 0.9%   Gross profit     $81.8 million   Increase of 0.7%   Decrease of 0.2%  ... More

PharMerica Corporation Announces Planned Retirement of Chief Financial Officer David W. Froesel, Jr.

August 9, 2016 8:02 AM EDT

Search Process Underway to Identify Successor

LOUISVILLE, Ky.--(BUSINESS WIRE)-- PharMerica Corporation (NYSE: PMC), a national provider of institutional pharmacy, specialty infusion and hospital pharmacy management services, today announced that David W. Froesel Jr., Executive Vice President, Chief Financial Officer and Treasurer, intends to retire from the Company. Mr. Froesel will continue as Chief Financial Officer through the end of September 2016 to ensure a seamless transition. PharMerica... More