BioScrip, Inc.

BioScrip, Inc. Reports Third Quarter Earnings of $0.14 Per Share

Published in AIDS Weekly, November 9th, 2009

BioScrip, Inc. (Nasdaq: BIOS) announced third quarter net income of $5.7 million, or $0.14 per diluted share, on revenues of $333.5 million. These results compare to net income of $1.4 million, or $0.04 per share, on revenues of $359.4 million for the third quarter of 2008. Third quarter 2009 EBITDAO was $8.9 million compared to $5.3 million for the same period a year ago.

Richard H. Friedman, BioScrip's Chairman and Chief Executive Officer, stated, "Our results reflect the steady progress of our strategy to provide a full and comprehensive continuum of care, expand our clinical management reach and local market presence, while delivering improved operating margins. We...

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Source: AIDS Weekly (2009-11-09)

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