Categories Earnings, Health Care

A snapshot of AmerisourceBergen’s Q2 2023 earnings results

Pharmaceutical solutions provider AmerisourceBergen Corporation (NYSE: ABC) reported higher revenues and adjusted earnings for the second quarter of 2023.

  • Second-quarter revenue increased 10% annually to $63.5 billion, reflecting double-digit growth in revenue within U.S. Healthcare Solutions
  • Reported earnings per share were $2.13 in the second quarter, down 18% from $2.59 reported in the previous year’s second quarter
  • Gross profit moved up 2.7% year-over-year to $2.3 billion in the second quarter, reflecting higher gross profit in both reportable segments
  • In Q2, operating expenses were $1.7 billion, which is up 19.2% compared to the same period in the previous fiscal year
  • Reflecting the increase in operating expenses, second-quarter operating income decreased sharply to $560.5 million

Most Popular

Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers

Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's

PepsiCo (PEP) to report Q1 earnings next week. Here’s what to expect

PepsiCo, Inc. (NASDAQ: PEP) is preparing to report first-quarter results on April 23, before the opening bell. Of late, the food and beverage giant has been busy aligning its business

What to expect when Southwest Airlines (LUV) reports Q1 2024 earnings results

Shares of Southwest Airlines Co. (NYSE: LUV) were up 2% on Thursday. The stock has dropped 8% over the past one year. The airline is scheduled to report its first

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top