lohud.com

Sponsored by:

Business in the Burbs

Movers, shakers and newsmakers

Archive for the 'Prescription drug coverage' Category

BioScrip profit rises in second quarter

July
31

BioScrip Inc. reported today profits in the latest quarter more than tripled compared a year ago on higher revenues and lower operating expenses.

Net income rose to $1.6 million in the three months ending June 30, the company said, up from $482,000 in the year-ago quarter.

On a per-share basis, the Elmsford-based specialty pharmaceutical company reported it earned 4 cents a share, compared to a penny a share last year.

Revenues rose 18.2 percent to $348.4 million from $294.7 million a year ago.

Among highlights for the quarter, BioScrip noted that revenues in its specialty-services unit rose 25.3 percent above last year’s levels.

Posted by David Schepp on Thursday, July 31st, 2008 at 4:04 pm |
| | Comments Off on BioScrip profit rises in second quarter

Advertisement
About this blog
Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

Subscribe

Get blog updates via email:




About the Authors

Categories

Other recent entries




Links

Monthly Archives