A la carte conference pass includes: All scheduled meals, opening night party, closing night celebration, continuing education sessions and exhibit hall access. Certain additional factors that management believes could cause actual outcomes and results to differ materially from those described in forward-looking statements are set forth (i) in Item 1A (Risk Factors), in the Companys Annual Report on Form 10-K for the fiscal year ended September 30, 2021 and elsewhere in that report and (ii) in other reports filed by the Company pursuant to the Securities Exchange Act. Duration Between Two Dates - Calculates number of days. Senior Vice President, Investor Relations I will now hand over to your host, Bennett Murphy, Head of Investor Relations to begin. Our solutions power patient care for pharmacies, physician practices, hospitals and health systems. Find information about retirement plans, insurance benefits, paid time off, reviews, and more. The Company presents such constant currency financial information because it has significant operations outside of the United States reporting in currencies other than the U.S. dollar and management believes that this presentation provides a framework to assess how its business performed excluding the impact of foreign currency exchange rate fluctuations. AmerisourceBergen offers paid holidays, which may vary by location, business unit and worker status. In addition to distribution and logistics, we help pharmaceutical manufacturers bring their products to market and assist with each step from pre-commercial and clinical trial to broad market availability and patient adherence. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by the federal securities laws. Warm compresses are soothing to an earache and are effective pain relievers. Includes a $17.1 million legal accrual related to opioid litigation settlements, $56.9 million of legal fees in connection with opioid lawsuits and investigations, and $74.5 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the six months ended March 31, 2021. Friday, December 30, 2022. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. March 31, 2021, Distribution, selling, and administrative, Employee severance, litigation, and other 2, Net (income) loss attributable to noncontrolling interests, Net income attributable to AmerisourceBergen Corporation. Fiscal Year 2023 Expectations on an Adjusted (non-GAAP) Basis. Through pursuing our purpose, we improve health and wellbeing, promote global sustainability, and inspire our team members. ASD Healthcare is a specialty healthcare distribution company that serves 95 percent of hospitals and 80 percent of retail pharmacies in the United States, as well as hemophilia centers, home healthcare companies, specialty pharmacies, physicians, dialysis centers, family planning clinics and other providers. AmerisourceBergen signed the United Nations Womens Empowerment Principles, publicly and firmly committing to taking the necessary steps to advance gender equality and empower women in places of work and in communities around the world. (unaudited), Three Revenue grew 13% over the prior year to $59 billion. Earnings, Dividend and Event Calendar for LLY (Eli Lilly) Eli Lilly and Co (LLY) 365.84 -1.18 ( -0.32% ) USD | NYSE | Dec 30, 16:00 Youth 5 and under FREE U.S. Healthcare Solutions revenue was $50.9 billion in the second quarter of fiscal 2022, an increase of 5.8 percent compared to the same quarter in the prior fiscal year primarily due to overall market growth and increased sales to specialty physician practices, partially offset by a decline in sales of commercial COVID-19 treatments. MEMORIAL DAY - MONDAY MAY 30, 2022 -. After submitting your request, you will receive an activation email to the requested email address. University Holiday Schedule for 2021-2022 Independence Day (observed): Monday, July 5, 2021 Labor Day: Monday, September 6, 2021 Thanksgiving: Thursday, November 25, 2021 Friday after Thanksgiving: Friday, November 26, 2021 Christmas Eve: Friday, December 24, 2021 Christmas Day (observed): Monday, December 27, 2021 From innovating new solutions, to seamlessly responding to unprecedented changes across the industry, our people actively create and test ideas to make a difference in the future of health. Employee Comments Showing 1-10 of 11 Sep 21, 2022 3.0 Current IT Manager in nullnull Quarter GAAP Diluted EPS of $1.40 and Adjusted Diluted EPS of $2.60 Revenue in International Healthcare Solutions was $6.4 billion in the fourth quarter of fiscal 2022, a decrease of 2.7 percent compared to the same period in the prior fiscal year. Noncontrolling Total liabilities and stockholders' equity, CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS, Adjustments to reconcile net income to net cash provided by operating activities. This page contains a calendar of all 2022 public holidays for Zrich. NON-GAAP FINANCIAL MEASURES. AmerisourceBergen is ranked #10 on the Fortune 500 with more than $200 billion in annual revenue. In the tables that follow, GAAP results and GAAP to non-GAAP reconciliations are presented. Turning now to discuss our results for the first quarter of fiscal 2022 and continued progress on strategic imperatives, AmerisourceBergen began the fiscal year with solid financial performance. Glassdoor is your resource for information about the Paid Holidays benefits at AmerisourceBergen. In fiscal year 2022, GAAP diluted EPS was $8.04 compared to $7.39 in the prior fiscal year. bmurphy@amerisourcebergen.com. The Company will host a conference call to discuss the results at 8:30 a.m. In a complaint filed in Philadelphia federal . The Company now expects: All other previously communicated aspects of the Company's fiscal year 2022 financial guidance and assumptions remain the same. Bennett S. Murphy Federal Holidays 2022 - Calendar Date US Federal Holidays 2022 There are 11 federal holidays celebrated each year in the United States. These amounts are calculated by translating current period results at the foreign currency exchange rates used in the comparable period in the prior year. NO INTERRUPTION. In addition, the Company updated its non-GAAP fiscal year 2022 guidance for diluted earnings per share and operating income, and has previously provided non-GAAP fiscal year 2022 guidance for adjusted free cash flow and effective income tax rate. Monday, December 26, 2022*. In fiscal year 2022, adjusted diluted EPS was $11.03 compared to $9.26 in the prior fiscal year. Conshohocken, Pa. - AmerisourceBergen, a global healthcare company, has been named one of "America's Most Responsible Companies" by Newsweek magazine. Includes a $64.7 million gain on the remeasurement of an equity investment, a $14.0 million impairment of a non-customer note receivable, and a $3.4 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform in the fiscal year ended September 30, 2021. Revenue increased 11.5 percent from last fiscal year to $238.6 billion. 2 The following represents a reconciliation of cash and cash equivalents in the Condensed Consolidated Balance Sheets to cash, cash equivalents, and restricted cash used in the Condensed Consolidated Statements of Cash Flows: September 30, This years report provides detailed information on our environmental, social and governance progress and commitments for the future. Our aim is to create a positive work environment where everyone can thrive and find opportunities to grow, learn, and pursue their passions while contributing to our purpose to create healthier futures. The access code for the call will be 053465. Each year on the third Monday of January, America honors the birth, life and dream of Dr. . AmerisourceBergen Corporation (ABC), one of the nation's largest wholesale drug companies, and its subsidiaries AmerisourceBergen Specialty Group (ABSG), AmerisourceBergen Drug Corporation (ABDC), Oncology Supply Company (OSC), and Medical Initiatives, Inc. (MII) (collectively, "ABC" or "the Company"), entered into a settlement with the United States in which it agreed to pay $625 . Weighted average common shares outstanding: 1 Includes $16.1 million and $20.9 million of LIFO credits in the three months ended March 31, 2022 and 2021, respectively. AmerisourceBergen Corp. Calendar Event Estimate Info Date; Earnings Report: 3.278 USD : 2022 Holiday Schedule . Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. USD 169.00 1.01 0.59%. AMERISOURCEBERGEN CORPORATION Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Current Customer Support in Orange, CA, California, Current Training Specialist in Conshohocken, PA, Pennsylvania. 20 Mon. From outside the U.S. and Canada, dial +44 (204) 525-0658. Explore more: http://ow.ly/5Trr50HJkGL. View all AmerisourceBergen jobs - Oakville jobs - Program Coordinator jobs in Oakville, ON. Registrants who are 18 years of age or older are considered adults and should purchase an additional full conference registration package or conference pass, The independent pharmacy event of the year is coming back to Orlando. In addition, the Company has provided non-GAAP fiscal year 2023 guidance for diluted earnings per share, operating income, effective income tax rate and free cash flow that excludes the same or similar items as those that are excluded from the historical non-GAAP financial measures, as well as significant items that are outside the control of the Company or inherently unusual, non-operating, unpredictable, non-recurring or non-cash in nature. The leadership doesnt focus on the family or holiday, almost discouraged - mostly just about hitting quarterly goals. Sunday, Dec 18, 2022. U.S. Healthcare Solutions revenue was $54.8 billion, an increase of 4.7 percent compared to the same quarter in the prior fiscal year primarily due to overall market growth and increased sales to specialty physician practices, and was partially offset by a decline in sales of commercial COVID-19 treatments. Growth rates are on an as reported basis unless constant currency basis is indicated. https://www.businesswire.com/news/home/20220503006098/en/, Bennett S. Murphy Similarly, the timing and amount of litigation settlements is unpredictable and non-recurring. The live call will also be webcast via the Companys website at investor.amerisourcebergen.com. Adjusted Diluted Earnings Per Share to be in the range of $10.80 to $11.05, raised from the previous range of $10.60 to $10.90. Net Loss AmerisourceBergen is updating its outlook for fiscal year 2022. ST. (July 1, 2022 - June 30, 2023) The University of Kentucky observes the following holidays, except where continuous service is essential, in accordance with UK Human Resources Policies and Procedures #83.0 - Holiday Leave.In order to qualify for university holiday leave, including Christmas and New Year's Day, an employee must be in a paid status the scheduled days before and the day after . BILL PETERS. AmerisourceBergen Corporation (NYSE: ABC) today reported that in its fiscal year 2022 second quarter ended March 31, 2022, revenue increased 17.4 percent year-over-year to $57.7 billion. U.S. Healthcare Solutions consists of the legacy Pharmaceutical Distribution Services reportable segment (excluding Profarma), MWI Animal Health, Xcenda, Lash Group, and ICS 3PL. To supplement the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses the non-GAAP financial measures described below. Operating income within International Healthcare Solutions decreased 12.6 percent to $163.1 million in the fourth quarter of fiscal 2022. The Company does not provide forward-looking guidance on a GAAP basis as certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. For example, LIFO expense/credit is largely dependent upon the future inflation or deflation of brand and generic pharmaceuticals, which is out of the Companys control, and acquisition-related intangibles amortization depends on the timing and amount of future acquisitions, which cannot be reasonably estimated. Adjusted gross profit increased by $1.8 billion, or 27.9 percent, from the prior fiscal year to $8.4 billion due to the increases in gross profit within International Healthcare Solutions, including the full year impact of the June 2021 Alliance Healthcare acquisition, and within U.S. Healthcare Solutions. AmerisourceBergen has made exceptional progress on our strategic priorities, further enhancing our differentiated value proposition and driving consistent outperformance throughout the year as we. Segment operating income of $578.4 million in the fourth quarter of fiscal 2022 was up 14.0 percent compared to the same period in the previous fiscal year due to an increase in gross profit, primarily due to sales to specialty physician practices and fees earned from the distribution of government-owned COVID-19 treatments. At Stock Options Channel, our YieldBoost. Full List of U.S Federal Holidays in 2022 Below are the observed dates for the U.S. federal holidays for 2022, listed in chronological order. The non-GAAP financial measures should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. 2 Includes tax expense relating to Swiss tax reform and a loss on the currency remeasurement of the related deferred tax assets, which is recorded within Other (Income) Loss, Net. March 31, 2022, Three Published: Mar. The Company is organized geographically based upon the products and services it provides to its customers. The past year's Revenue Per Employee was at 5.42 Million. 3 Includes a $56.2 million gain on the sale of non-core businesses, a $14.4 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform, Turkey foreign exchange remeasurement expense of $11.9 million, and a $4.8 million gain on the remeasurement of an equity investment in the fiscal year ended September 30, 2022. Welcome to the AmerisourceBergen Corporation Fiscal 2022 Second Quarter Earnings Call. September 30, 2021, Distribution, selling, and administrative, Acquisition, integration, and restructuring expenses, Net (income) loss attributable to noncontrolling interests, Net income attributable to AmerisourceBergen Corporation. CONSHOHOCKEN, Pa.--(BUSINESS WIRE)-- President's Day Feb 20, is in 51 days. (in thousands, except per share data) Noncontrolling 21 Mon. A replay of the webcast will be posted on investor.amerisourcebergen.com approximately two hours after the completion of the call and will remain available for 30 days. The guidance for each metric excludes the same or similar items as those that are excluded from the historical non-GAAP financial measures, as well as significant items that are outside the control of the Company or inherently unusual, non-operating, unpredictable, non-recurring or non-cash in nature. GAAP TO NON-GAAP RECONCILIATIONS . Words such as "expect," "likely," "outlook," "forecast," "would," "could," "should," "can," "project," "intend," "plan," "continue," "sustain," "synergy," "on track," "believe," "seek," "estimate," "anticipate," "may," "possible," "assume," variations of such words, and similar expressions are intended to identify such forward-looking statements. Used in the tables that follow, GAAP diluted EPS was $ 11.03 compared to 238.6. 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