Pharmerica (PMC) Misses Q3 EPS by 7c; Guides FY16 Below Views

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PharMerica Reports Third Quarter 2016 Results

November 9, 2016 8:00 AM EST

Expects Strong Fourth Quarter 2016 Results

Preliminary 2017 Guidance Within Range of Analysts Average Expectations

Company Revises 2016 Guidance

LOUISVILLE, Ky.--(BUSINESS WIRE)-- PharMerica Corporation (the Corporation or the Company) (NYSE: PMC), a national provider of institutional, specialty home infusion, hospital and oncology pharmacy services, today reported its financial results for the third quarter ended September 30, 2016.

              3Q16 Results  

Comparison to3Q15

 

Comparison to2Q16

Revenue     $512.6 million   Increase of 2.8%   Decrease of 1.3% Gross profit  ... More