Option Care Health (OPCH) reported Q3 2024 financial results with net revenue of $1,278.5 million, up 17.0% year-over-year. However, gross profit margin decreased to 20.1% from 23.3% in Q3 2023. Net income declined 4.3% to $53.9 million. The company faced supply chain disruptions due to Hurricane Helene affecting IV solution bags availability. Updated 2024 guidance projects net revenue of $4.9-4.95 billion and Adjusted EBITDA of $438-443 million. Cash flow from operations significantly improved to $160.4 million compared to $61.0 million in Q3 2023.
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