AmerisourceBergen Corp.
Drug wholesaler AmerisourceBergen Corp. (NYSE:ABC) reported third quarter earnings, which beat expectations. Revenues however missed. The company marginally improved its outlook for the full year.
Profit fell to $181.3 million (71 cents a share), from $184.4 million (66 cents a share) last year, mainly due to falling revenues at its drug segment and higher operating expenses. Revenues fell 1.9 percent to $19.8 billion. Expectations were for earnings of 69 cents on revenues of $20.36 billion.
For the year, the company raised the lower rung of its earnings per share range by...
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