BioScrip Earnings: Here’s Why Investors are Excited Now
BioScrip, Inc. (NASDAQ:BIOS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0%.
BioScrip, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased to $0.04 in the quarter versus EPS of $-0.04 in the year-earlier quarter.
Revenue: Rose 27.91% to $199.07 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: BioScrip, Inc. reported adjusted EPS income of $0.04 per share. By that measure, the company beat the mean analyst estimate of $0.02. It beat the average revenue estimate of $189.36 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…