BUFFALO GROVE, Ill., Sept. 9 /PRNewswire-FirstCall/ -- Option Care, Inc. today affirmed previously issued guidance for 2004 diluted earnings per share of $0.84 to $0.87.
Raj Rai, Option Care’s chief executive officer commented, “We continue to be pleased with our financial results for both our home infusion and specialty pharmacy services. In addition, the recent hurricane activity in the Southeast has had no financial impact on our Florida operations. Based on recent trends and with our continued focus on sales, business development, and cost controls, we remain comfortable with our previously issued guidance for 2004 diluted earnings per share of $0.84 to $0.87.”
About Option Care
Option Care provides various home infusion therapies and specialty injectible pharmaceuticals to patients at home and other alternate sites such as infusion suites and physician’s offices. The company’s services and pharmaceuticals are provided nationally through its local and regional pharmacies.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Forward looking statements can be identified by the use of terms such as “anticipates,” “expects,” “believes” and other words having a similar meaning. Investors are cautioned that all forward-looking statements involve risks and uncertainty. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by us, or on our behalf. These risks and uncertainties include, but are not limited to, uncertainties affecting our businesses and our franchisees relating to acquisitions and divestitures (including continuing obligations with respect to completed transactions), sales and renewals of franchises, government and regulatory policies (including federal, state and local efforts to reform the delivery of and payment for healthcare services), general economic conditions (including economic conditions affecting the healthcare industry in particular), the pricing and availability of equipment and services, technological developments and changes in the competitive environment in which we operate. These statements are based upon assumptions and, although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate.
Further Information on Option Care Can Be Found at: http://www.optioncare.com/http://www.optionmed.com/http://www.mbimbi.com/
Option Care, Inc.
CONTACT: Paul Mastrapa, Chief Financial Officer of Option Care, Inc.,+1-847-229-7773