BioScrip: 2Q Earnings Snapshot
DENVER (AP) _ BioScrip Inc. (BIOS) on Tuesday reported a loss of $15.1 million in its second quarter.
On a per-share basis, the Denver-based company said it had a loss of 14 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The infusion and home care services company posted revenue of $175.8 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $169 million.
BioScrip expects a full-year loss of 40 cents to 34 cents per share.
The company’s shares closed at $2.75. A year ago, they were trading at $2.66.