OPCH•Option Care Health's third-quarter revenue rose 4.1% year over year to $1.49 billion, slightly above the $1.48 billion estimate, while adjusted EBITDA of $124.6 million beat estimates. The company withdrew its previously disclosed financial guidance due to a pending acquisition.
Option Care Health reported third-quarter revenue of $1.49 billion, up 4.1% year over year and slightly above the $1.48 billion analyst estimate. Adjusted EBITDA was $124.6 million, compared with the $123.3 million estimate, and net income was $57.4 million.
The company withdrew its previously disclosed financial guidance due to a pending acquisition. Operating costs and expenses rose modestly, with higher selling, general and administrative expenses and increased restructuring and integration costs.
