BioScrip: 3Q Earnings Snapshot
DENVER (AP) _ BioScrip Inc. (BIOS) on Tuesday reported a loss of $8.2 million in its third quarter.
The Denver-based company said it had a loss of 9 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The infusion and home care services company posted revenue of $181 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $171.1 million.
BioScrip expects a full-year loss of 32 cents to 26 cents per share, with revenue in the range of $710 million to $720 million.
The company’s shares closed at $2.81. A year ago, they were trading at $2.07.