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Option Care Health Q1 Earnings, Net Revenue Climb; Updates 2024 Net Revenue Guidance
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Option Care Health Q1 Earnings, Net Revenue Climb; Updates 2024 Net Revenue Guidance
Apr 23, 2024 5:49 AM

08:19 AM EDT, 04/23/2024 (MT Newswires) -- Option Care Health ( OPCH ) reported Q1 earnings Tuesday of $0.26 per diluted share, up from $0.21 a year earlier.

Analysts polled by Capital IQ expected $0.22.

Net revenue for the quarter ended March 31 was $1.15 billion, up from $1.02 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.1 billion.

For full year 2024, the company said it expects net revenue of $4.65 billion to $4.8 billion, narrowing its previous outlook of $4.6 billion to $4.8 billion. Analysts polled by Capital IQ are expecting $4.71 billion.

The company's shares were up 4.9% in recent premarket activity.

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