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AmerisourceBergen Corporation
AmerisourceBergen Reports Record Revenue and Record Diluted Earnings Per Share of $0.82 for the March Quarter
May 9th, 2008
AmerisourceBergen Corporation (NYSE:ABC) reported that in its fiscal year 2008 second quarter ended March 31, 2008, diluted earnings per share were a record $0.82, up 21 percent, and total revenue increased 8 percent to $17.8 billion, also a record. AmerisourceBergen also announced that it has terminated the sale process for PMSI, its market-leading workers' compensation business, and is turning its attention to profit improvement initiatives to increase PMSI's performance. In discontinuing the sale process, the Company said that the final bids did not reflect the fair value of the business. Fiscal Second Quarter Highlights --...
Source: Health Business Week (2008-05-09)
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