BioScrip earns $2.52 million
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- March
- 4
BioScrip Inc. of Elmsford, a specialty pharmaceutical healthcare business, today reported higher fourth-quarter profits and revenues.
BioScrip had net income of $2.52 million, or 6 cents a share, on revenue of $309.2 million. For the comparable quarter a year earlier, it had a net loss of $28 million, or 75 cents a share, on revenue of $292.1 million.
The company said it set up a $25.7 million reserve in the earlier quarter.
For fiscal 2007, BioScrip had net income of $3.32 million, or 9 cents a share, on revenue of $1.2 billion. For fiscal 2006, it had a net loss of $38.3 million, or $1.03 a share, on revenue of $1.15 billion.
This entry was posted
on Tuesday, March 4th, 2008 at 5:37 pm by Jerry Gleeson.
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Category: Earnings season
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