BioScrip Reports First Quarter 2017 Financial Results

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BioScrip (BIOS) Misses Q1 EPS by 3c

May 4, 2017 8:14 AM EDT

BioScrip (NASDAQ: BIOS) reported Q1 EPS of ($0.18), $0.03 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $217.8 million versus the consensus estimate of $229.74 million.

Net revenue was $217.8 million, reflecting a core revenue mix increase to 72%, up from 60% in the first quarter of 2016, and 70% in the fourth quarter of 2016; Gross profit margin increased to 30.1%, up from 26.9% in the first quarter of 2016, reflecting the positive impacts from... More