AmerisourceBergen (ABC) Tops Q1 EPS by 2c, Updates FY EPS Guidance

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AmerisourceBergen and Publix Announce Distribution Agreement

February 4, 2016 7:00 AM EST

Relationship extends beyond traditional distribution to include specialty pharmacy services and inventory management solutions

VALLEY FORGE, Pa. & LAKELAND, Fla.--(BUSINESS WIRE)-- AmerisourceBergen Corporation (NYSE: ABC) and Publix today announced a long-term agreement encompassing the distribution of branded, generic and over-the-counter health and pharmaceutical products. The agreement also enables Publixs network of more than 980 pharmacy locations across the southeast to expand patient access to specialty medications.

Publix continues to push the boundaries of how our pharmacy business operates in order to improve the experience and health outcomes we... More

AmerisourceBergen Reports First Quarter Fiscal Year 2016 Results

February 4, 2016 6:45 AM EST

Now Expects Fiscal Year 2016 Adjusted Diluted EPS to be in the range of $5.73 to $5.83

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- AmerisourceBergen Corporation (NYSE: ABC) today reported that in its fiscal year 2016 first quarter ended December 31, 2015, adjusted diluted earnings per share increased 11.4 percent to $1.27. Revenue increased 9.3 percent to $36.7 billion in the quarter. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share were $1.46 for the December quarter of fiscal 2016. In the tables that follow, we present our GAAP results as well as GAAP to non-GAAP... More