Double-Digit Revenue Growth
Option Care Health reported a 17% revenue growth in Q3, driven by strong growth in rare and orphan portfolios and established therapeutic categories.
Strong Cash Flow and Low Leverage
The company generated $160.4 million in cash flow from operations and ended the quarter with a net debt-to-EBITDA leverage ratio of 1.5x, the lowest since the merger with BioScrip in 2019.
Successful Stock Repurchase
Option Care Health repurchased $41.9 million in stock during the quarter, reflecting confidence in its financial position.
Adjusted Earnings Per Share Introduction
The company has begun reporting adjusted earnings per share as an additional key financial metric and plans to provide guidance on this metric starting in 2025.