Option Care Affirms Previously Issued Guidance
Expects 2004 Diluted Earnings Per Share of $0.84 to $0.87
BUFFALO GROVE, Ill., Sept. 9 /PRNewswire-FirstCall/ -- Option Care, Inc. (NASDAQ:OPTN) 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/ DATASOURCE: Option Care, Inc.
CONTACT: Paul Mastrapa, Chief Financial Officer of Option Care, Inc., +1-847-229-7773 Web site: http://www.optioncare.com/ http://www.optionmed.com/ http://www.mbimbi.com/
|