Option Care Health Announces Financial Results for the Third Quarter Ended September 30, 2020

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Go back to Option Care Health Announces Financial Results for the Third Quarter Ended September 30, 2020

Option Care Health (OPCH) Tops Q3 EPS by 5c, Revenues Beat

November 3, 2020 6:42 AM EST

Option Care Health (NASDAQ: OPCH) reported Q3 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $781.6 million versus the consensus estimate of $720.49 million.

Third Quarter 2020 Financial Highlights

Net revenue of $781.6 million, up 27% compared to $615.9 million in the third quarter of 2019Gross profit of $174.2 million, or 22.3% of net revenue, up 26% compared to $137.8 million, or 22.4% of revenue, in the third quarter of 2019Net income of $1.7 million, or $0.01 per share, compared to... More