Option Care expects double-digit growth in Q3
By HME News Staff
Updated 9:22 AM CDT, Wed October 20, 2021
BANNOCKBURN, Ill. – Option Care Health has released preliminary financial results for the third quarter ending Sept. 30, including net revenue of about $888 million to $893 million, representing 14% growth compared to the same period last year. The company expects net income of about $33 million to $36 million. Option Care also expects to report adjusted EBITDA of about $76 million to $79 million, representing 28% to 34% growth; cash flow from operations of about $50 million to $52 million; and ending cash balance of about $200 million. The company will release its full financial results on Nov. 4. Option Care reported net revenue of $860.3 million for the second quarter, up 16.1% compared to the same period last year.
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