Option Care Health (OPCH) Announces Proposed $350M Share Common Offering
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Option Care Health (OPCH) Prices 18M Share Common Offering at $12.50/Sh
July 22, 2020 5:46 AM EDTOption Care Health, Inc. (NASDAQ: OPCH) announced today the pricing of an underwritten offering of 18,000,000 shares of its common stock, which includes 10,000,000 shares offered by the Company and 8,000,000 shares offered by an affiliate of Madison Dearborn Partners (the Selling Stockholder), at a price to... More
Option Care Health (OPCH) PT Raised to $21 at SunTrust, Following Preliminary Earnings
July 20, 2020 12:03 PM EDTSunTrust analyst David S. MacDonald raised the price target on Option Care Health (NASDAQ: OPCH) to $21.00 (from $18.00) while maintaining a Buy rating.
... MoreOption Care Health (OPCH) Announces Preliminary Financial Results for Q2
July 20, 2020 8:27 AM EDTOption Care Health, Inc. (the Company or Option Care Health) (Nasdaq: OPCH), the nations largest independent provider of home and alternate site infusion services, announced today preliminary financial results for the second quarter ended June 30, 2020.
Second Quarter 2020 Preliminary Financial Results
For the second quarter, Option Care Health expects to report:
Net revenue of approximately $740.8 million, representing comparable growth over the prior year of approximately 7%1Net loss of approximately $7.7 millionAdjusted EBITDA of approximately $54.6 million, representing approximately 7.4% of net revenueCash Flow from Operations of approximately $35.5... More