2 Includes $6.3 million of employee severance, $29.8 million legal accrual related to opioid litigation settlements, $22.3 million of legal fees in connection with opioid lawsuits and investigations, and $18.0 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the three months ended March 31, 2022. Second Quarter Adjusted (non-GAAP) Results. 610-727-3693 In the first quarter of fiscal 2022, the Company re-aligned its reporting structure under two reportable segments: U.S. Healthcare Solutions and International Healthcare Solutions. The Company does not provide forward-looking guidance on a GAAP basis, as discussed below in Fiscal Year 2022 Expectations. After submitting your request, you will receive an activation email to the requested email address. Months Ended Our solutions power patient care for pharmacies, physician practices, hospitals and health systems. This allocation effort is a part of the Federal Retail Pharmacy Program for COVID-19 Vaccination, a collaboration between the Federal Government, U.S. states and territories, and 21 national pharmacy partners, which includes Good Neighbor Pharmacy. International Healthcare Solutions consists of Alliance Healthcare, World Courier, Innomar, Profarma, and Profarma Specialty. Operator. Apply a clean soft washcloth rung out in warm water and apply firmly against the affected ear as needed throughout the day. 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. These supplemental measures may vary from, and may not be comparable to, similarly titled measures by other companies. AmerisourceBergen is updating its outlook for fiscal year 2022. Please refer to the Supplemental Information Regarding Non-GAAP Financial Measures following the tables for additional information. The access code for the replay is 997664. The Company will pay approximately $5.9 billion over 18 years and comply with other requirements, including the establishment of a clearinghouse that will consolidate data from all three national distributors. Monday, January 31 - Friday, February 4, 2022. (unaudited), Three They provide drug distribution and consulting related to medical business operations and patient services. We have included the following non-GAAP earnings-related financial measures in this release: The company also presents certain information related to current period operating results in constant currency, which is a non-GAAP financial measure. Note: For more information related to non-GAAP financial measures, refer to the section titled "Supplemental Information Regarding Non-GAAP Financial Measures" of this release. Through pursuing our purpose, we improve health and wellbeing, promote global sustainability, and inspire our team members. By providing your email address below, you are providing consent to AmerisourceBergen Corporation to send you the requested investor email alerts updates. 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. United by our purpose, our team members have positioned us well to execute on our long-term strategic vision of expanding our leadership in distribution while continuing to grow our higher-margin and higher-growth businesses, Mr. Collis continued. Calendar for 2023; Calendar for 2024; Calendar Generator - Create a calendar for any year. Printable Calendar (PDF) - Calendars especially made for printing; Related Links. We apologize for any inconvenience and wish you a happy new year. AmerisourceBergen Response to the Department of Justice Complaint - An Inevitable Outcome of Regulatory and Enforcement Outsourcing December 29, 2022 Learn more Executive Perspective Leaning on Purpose During Times of Crisis Susan Lorenz-Fisher, Senior Vice President-Corporate Responsibility & Sustainability, AmerisourceBergen July 20, 2022 AmerisourceBergen Corporation ( NYSE: ABC) Q1 2022 Earnings Conference Call February 2, 2022 8:30 AM ET Company Participants Bennett Murphy - Senior Vice President-Investor Relations Steve. "During the quarter, we delivered strong performance through execution across our business and continuing to play our vital role in the healthcare system. As of April 2, 2022, 46 of 49 eligible states, as well as the District of Columbia and all eligible territories, as well as over 98 percent of eligible subdivisions in the states, as calculated by population under the agreement, agreed to participate in the settlement. Healthier futures start with the health of our people and planet, which is why we are committed to building partnerships and operations that benefit society and the environment. These supplemental measures may vary from, and may not be comparable to, similarly titled measures by other companies. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in shares of AmerisourceBergen Co. (NYSE:ABC - Get Rating) by 15.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).The fund owned 98,099 shares of the company's stock after buying an additional 12,891 shares during the period. Noncontrolling AmerisourceBergen Corporation - Financials - Proxy Materials Financials Quarterly Results Annual Reports Proxy Materials SEC Filings Proxy Materials Our 2022 Annual Meeting of Shareholders which will be held on March 10, 2022. Good Neighbor Pharmacy, AmerisourceBergens nationwide network of independent community pharmacies, has exceeded 5 million COVID-19 vaccine doses allocated to independent pharmacies across the U.S. "As a global healthcare solutions leader, AmerisourceBergen is advancing pharmaceutical innovation and access to create a positive impact on the health of people and communities around the world," said Steven H. Collis, Chairman, President & Chief Executive Officer of AmerisourceBergen. Bank of America Healthcare Conference, May 11, 2022; AmerisourceBergen Investor Day, June 1, 2022. The access code for the replay is 796214. . As we pursue our purpose, we make a positive impact on the health of people and animals around the world. 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. Weighted average common shares outstanding: 1 Includes a $104.8 million LIFO expense and Turkey foreign exchange remeasurement expense of $12.4 million in the three months ended September 30, 2022. Fourth Quarter Adjusted (non-GAAP) Results. In fiscal year 2022, adjusted diluted EPS was $11.03 compared to $9.26 in the prior fiscal year. September 30, 2022, Three The presented non-GAAP financial measures exclude items that management does not believe reflect the Companys core operating performance because such items are outside the control of the Company or are inherently unusual, non-operating, unpredictable, non-recurring, or non-cash. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Date Calculator - Add or subtract days, months, years September. Months Ended See popular questions & answers about AmerisourceBergen. DELIVER- Innovative Shipping Solutions for Less ; Author: Craig Perkins Created Date: Media Statements and Executive Perspectives, Susan Lorenz-Fisher, Senior Vice President-Corporate Responsibility & Sustainability, AmerisourceBergen Warm compresses are soothing to an earache and are effective pain relievers. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. AmerisourceBergen Marketplace connects sellers to independent retail pharmacies This new wholesale marketplace enables pharmacies to purchase everything from food to health and wellness items to electronic accessories, giving sellers a powerful way to get their products into local communities. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. Chew gum. Our wholesale and specialty distribution services ensure that crucial medications efficiently, reliably and securely reach their destinations every day. State agency employees are entitled to a paid day off from work on a national, state, and skeleton crew holiday that the State observes as outlined in Texas Government Code, Chapter 662. We strive to offer benefit programs that are comprehensive, competitive and will meet the needs of our associates. A slide presentation for investors has also been posted on the Company's website at investor.amerisourcebergen.com. Memorial Day May 29, is in 149 days. Holiday Schedule Holiday Schedule New Year's Day Observed Friday, December 31, 2021 Martin Luther King, Jr Day Monday, January 17, 2022 Good Friday Friday, April 15, 2022 Memorial Day Monday, May 30, 2022 Day After Juneteenth Day Monday, June 20, 2022 Independence Day Observed Monday, July 4, 2022 Labor Day Monday, September 5, 2022 The original version of the holiday was in commemoration of George Washington's birthday. The live call will also be webcast via the Companys website at investor.amerisourcebergen.com. Staff Unions*. June. The non-GAAP financial measures should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. Labor Day . CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (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 . 21 Mon. Summary Fiscal Year Adjusted (non-GAAP) Results. (unaudited), Adjustments to reconcile net income to net cash provided by operating activities. AmerisourceBergen Paid Holidays 56 employees reported this benefit 3.2 11 Ratings Available to US-based employees Change location Employer Verified Jun 17, 2019 Employer Summary AmerisourceBergen offers paid holidays for employees. Early bird 4-night package $2,432.00 Attributable to Among the factors that could cause actual results to differ materially from those projected, anticipated, or implied are the following: the effect of and uncertainties related to the ongoing COVID-19 pandemic (including any government responses thereto) and any continued recovery from the impact of the COVID-19 pandemic; our ability to achieve and maintain profitability in the future; our ability to respond to general economic conditions; our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; the impact on our business of the regulatory environment and complexities with compliance; unfavorable trends in brand and generic pharmaceutical pricing, including in rate or frequency of price inflation or deflation; competition and industry consolidation of both customers and suppliers resulting in increasing pressure to reduce prices for our products and services; changes in the United States healthcare and regulatory environment, including changes that could impact prescription drug reimbursement under Medicare and Medicaid and declining reimbursement rates for pharmaceuticals; increasing governmental regulations regarding the pharmaceutical supply channel; continued federal and state government enforcement initiatives to detect and prevent suspicious orders of controlled substances and the diversion of controlled substances; continued prosecution or suit by federal and state governmental entities and other parties (including third-party payors, hospitals, hospital groups and individuals) of alleged violations of laws and regulations regarding controlled substances, and any related disputes, including shareholder derivative lawsuits; increased federal scrutiny and litigation, including qui tam litigation, for alleged violations of laws and regulations governing the marketing, sale, purchase and/or dispensing of pharmaceutical products or services, and associated reserves and costs; failure to comply with the Corporate Integrity Agreement; the outcome of any legal or governmental proceedings that may be instituted against us, including material adverse resolution of pending legal proceedings; the retention of key customer or supplier relationships under less favorable economics or the adverse resolution of any contract or other dispute with customers or suppliers; changes to customer or supplier payment terms, including as a result of the COVID-19 impact on such payment terms; the integration of the Alliance Healthcare businesses into the Company being more difficult, time consuming or costly than expected; the Companys or Alliance Healthcares failure to achieve expected or targeted future financial and operating performance and results; the effects of disruption from the acquisition and related strategic transactions on the respective businesses of the Company and Alliance Healthcare and the fact that the acquisition and related strategic transactions may make it more difficult to establish or maintain relationships with employees, suppliers and other business partners; the acquisition of businesses, including the acquisition of the Alliance Healthcare businesses and related strategic transactions, that do not perform as expected, or that are difficult to integrate or control, or the inability to capture all of the anticipated synergies related thereto or to capture the anticipated synergies within the expected time period; risks associated with the strategic, long-term relationship between Walgreens Boots Alliance, Inc. and the Company, including with respect to the pharmaceutical distribution agreement and/or the global generic purchasing services arrangement; managing foreign expansion, including non-compliance with the U.S. Foreign Corrupt Practices Act, anti-bribery laws, economic sanctions and import laws and regulations; our ability to respond to financial market volatility and disruption; changes in tax laws or legislative initiatives that could adversely affect the Company's tax positions and/or the Company's tax liabilities or adverse resolution of challenges to the Company's tax positions; the loss, bankruptcy or insolvency of a major supplier, or substantial defaults in payment, material reduction in purchases by or the loss, bankruptcy or insolvency of a major customer, including as a result of COVID-19; financial and other impacts of COVID-19 on our operations or business continuity; changes to the customer or supplier mix; malfunction, failure or breach of sophisticated information systems to operate as designed, and risks generally associated with cybersecurity; risks generally associated with data privacy regulation and the international transfer of personal data; financial and other impacts of macroeconomic and geopolitical trends and events, including the unfolding situation in Russia and Ukraine and its regional and global ramifications; natural disasters or other unexpected events, such as additional pandemics, that affect the Companys operations; the impairment of goodwill or other intangible assets (including any additional impairments with respect to foreign operations), resulting in a charge to earnings; the Company's ability to manage and complete divestitures; the disruption of the Company's cash flow and ability to return value to its stockholders in accordance with its past practices; interest rate and foreign currency exchange rate fluctuations; declining economic conditions in the United States and abroad; and other economic, business, competitive, legal, tax, regulatory and/or operational factors affecting the Company's business generally. Learn about AmerisourceBergen Paid Holidays, including a description from the employer, and comments and ratings provided anonymously by current and former AmerisourceBergen employees. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share (EPS) was $2.59 for the March quarter of fiscal 2022 compared to $2.10 in the prior year quarter. 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. Thanksgiving Day. July 20, 2022, Rich Tremonte, EVP & President, Customer Operations, Animal Health, and Community & Specialty Pharmacy Diluted weighted average shares outstanding in fiscal 2022 were 211.2 million, up 1.3 percent from the prior fiscal year resulting from stock option exercises, restricted stock vesting, and the June 2021 issuance of 2 million shares of the Company's common stock to Walgreens Boots Alliance, Inc. ("WBA") in connection with the acquisition of Alliance Healthcare, partially offset by share repurchases. AmerisourceBergen Corp. employee benefits and perks data. GFL HOLIDAY SCHEDULE 2022. These amounts are calculated by translating current period results at the foreign currency exchange rates used in the comparable period in the prior year. 6:30pm Closing night party. 2022 AmerisourceBergen Corp. 1.84 1.36 USD 2021 AmerisourceBergen Corp. 1.76 . (unaudited), AMERISOURCEBERGEN CORPORATION Early bird 5-night package $3,045.00, Standard pricing (after September 30, 2021) We are proud to share that we have been named one of Americas Most Responsible Companies by Newsweek for the second time! Segment operating income of $729.5 million in the second quarter of fiscal 2022 was up 11.4 percent compared to the same period in the previous fiscal year as a result of an increase in gross profit, including fees earned relating to the distribution of government-owned COVID-19 treatments and gross profit on sales to specialty physician practices. 2022 Holiday Calendar January. Six In the first quarter of fiscal 2022, the Company re-aligned its reporting structure under two reportable segments: U.S. Healthcare Solutions and International Healthcare Solutions. 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. Send. Youth 6-17 $275.00, 1. New Year's Day: December 31, 2021 Birthday of. Patient Access, Affordability & Adherence Services Global Storage, Transport & Outsourced Logistics Channel Strategy & Distribution Provider & GPO Experience Provider Solutions Quality Care & Patient Experience Operational & Financial Performance Access & Purchasing Careers Benefits Animal Health Solutions Consulting & Education 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. They also distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies . Revenue of $61.2 Billion for the Fourth Quarter, a 3.8 Percent Year-Over-Year Increase NON-GAAP FINANCIAL MEASURES. Similarly, the timing and amount of favorable and unfavorable settlements, the probable significance of which cannot be determined, are unavailable and cannot be reasonably estimated. Weighted average diluted shares are expected to be approximately 207 to 209 million for the fiscal year. Decent holidays covered but definitely wish more. Published: Mar. Workforce Management Analyst at AmerisourceBergen Oakland University The access code for the call will be 562752. AMERISOURCEBERGEN CORPORATION company earnings calendar and analyst expectations - Upcoming and past events | Nyse: ABC | Nyse. Fourth Day Date Holiday Name Type Comments; Saturday: Jan 01: Robert P. Mauch was appointed Executive Vice President and Chief Operating Officer effective October 1, 2022. 6:30pm Opening night party, Friday, July 22 December 19, 2022, mackenzie.liberatori@amerisourcebergen.com, Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. To access the telephone replay from within the U.S. and Canada, dial (866) 813-9403. Includes a $17.1 million legal accrual related to opioid litigation settlements, $24.9 million of legal fees in connection with opioid lawsuits and investigations, and $36.2 million of other costs in connection with acquisition-related deal and integration costs, business transformation efforts, and other restructuring initiatives in the three months ended March 31, 2021. As we enter a new fiscal year, we are uniquely positioned to deliver long-term value creation to our stakeholders as we advance our foundation, enhance our capabilities, and invest in innovation to further drive our differentiation., Fourth Quarter Fiscal Year 2022 Summary Results, Net Income Attributable to AmerisourceBergen Corporation. The Company will host a conference call to discuss the results at 8:30 a.m. February. 1 Represents discrete tax benefits primarily attributable to the income tax deductions resulting from the permanent shutdown of the PharMEDium business. 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 this presentation provides a framework to assess how its business performed excluding the impact of foreign currency exchange rate fluctuations. Learn more at investor.amerisourcebergen.com. Months Ended 10/31/2001. These dates may be modified as official changes are announced, so please check back regularly for updates. NEW YEARS DAY - SATURDAY JANUARY 1, 2022 -. The non-GAAP financial measures are presented because management uses non-GAAP financial measures to evaluate the Companys operating performance, to perform financial planning, and to determine incentive compensation. Violation Tracker Current Parent Company Summary Current Parent Company Name : AmerisourceBergen Ownership Structure : publicly traded (ticker symbol ABC) Headquartered in : Pennsylvania Major Industry : wholesalers Specific Industry : wholesalers-pharmaceuticals Penalty total since 2000 : $7,878,174,340 Number of records : 25 HOLIDAY DAY DATE OVERNIGHT SAMEDAY SCHEDULED Memorial Day Monday 5/31 Closed Open Closed Independence Day . 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. ET on May 4, 2022. Predicting the future earnings for ABC isn't a terribly hard job. Growth rates are on an as reported basis unless constant currency basis is indicated. 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. 12/03/2001. Among the factors that could cause actual results to differ materially from those projected, anticipated, or implied are the following: the effect of and uncertainties related to the ongoing COVID-19 pandemic (including any government responses thereto) and any continued recovery from the impact of the COVID-19 pandemic; our ability to achieve and maintain profitability in the future; our ability to respond to general economic conditions, including elevated levels of inflation; our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; the impact on our business of the regulatory environment and complexities with compliance; unfavorable trends in brand and generic pharmaceutical pricing, including in rate or frequency of price inflation or deflation; competition and industry consolidation of both customers and suppliers resulting in increasing pressure to reduce prices for our products and services; changes in the United States healthcare and regulatory environment, including changes that could impact prescription drug reimbursement under Medicare and Medicaid and declining reimbursement rates for pharmaceuticals; increasing governmental regulations regarding the pharmaceutical supply channel; continued federal and state government enforcement initiatives to detect and prevent suspicious orders of controlled substances and the diversion of controlled substances; continued prosecution or suit by federal and state governmental entities and other parties (including third-party payors, hospitals, hospital groups and individuals) of alleged violations of laws and regulations regarding controlled substances, and any related disputes, including shareholder derivative lawsuits; increased federal scrutiny and litigation, including qui tam litigation, for alleged violations of laws and regulations governing the marketing, sale, purchase and/or dispensing of pharmaceutical products or services, and associated reserves and costs; failure to comply with the Corporate Integrity Agreement; the outcome of any legal or governmental proceedings that may be instituted against us, including material adverse resolution of pending legal proceedings; the retention of key customer or supplier relationships under less favorable economics or the adverse resolution of any contract or other dispute with customers or suppliers; changes to customer or supplier payment terms, including as a result of the COVID-19 impact on such payment terms; the possibility that various conditions to the consummation of the acquisition of PharmaLex may not be satisfied or that their satisfaction may be delayed; uncertainties as to the timing of the consummation of the acquisition of PharmaLex; unexpected costs, charges or expenses resulting from the acquisition of PharmaLex; the integration of the Alliance Healthcare and PharmaLex businesses into the Company being more difficult, time consuming or costly than expected; the Companys, Alliance Healthcares or PharmaLexs failure to achieve expected or targeted future financial and operating performance and results; the effects of disruption from the acquisition and related strategic transactions on the respective businesses of the Company, Alliance Healthcare and PharmaLex, and the fact that the acquisition and related strategic transactions may make it more difficult to establish or maintain relationships with employees, suppliers and other business partners; the acquisition of businesses, including the acquisition of the Alliance Healthcare and PharmaLex businesses and related strategic transactions, that do not perform as expected, or that are difficult to integrate or control, or the inability to capture all of the anticipated synergies related thereto or to capture the anticipated synergies within the expected time period; risks associated with the strategic, long-term relationship between Walgreens Boots Alliance, Inc. and the Company, including with respect to the pharmaceutical distribution agreement and/or the global generic purchasing services arrangement; managing foreign expansion, including noncompliance with the U.S. Foreign Corrupt Practices Act, anti-bribery laws, economic sanctions and import laws and regulations; our ability to respond to financial market volatility and disruption; changes in tax laws or legislative initiatives that could adversely affect the Companys tax positions and/or the Companys tax liabilities or adverse resolution of challenges to the Companys tax positions; loss, bankruptcy or insolvency of a major supplier, or substantial defaults in payment, material reduction in purchases by or the loss, bankruptcy or insolvency of a major customer, including as a result of COVID-19; financial market volatility and disruption; financial and other impacts of COVID-19 on our operations or business continuity; changes to the customer or supplier mix; malfunction, failure or breach of sophisticated information systems to operate as designed; risks generally associated with cybersecurity; risks generally associated with data privacy regulation and the international transfer of personal data; financial and other impacts of macroeconomic and geopolitical trends and events, including the unfolding situation in Russia and Ukraine and its regional and global ramifications; natural disasters or other unexpected events, such as additional pandemics, that affect the Companys operations; the impairment of goodwill or other intangible assets (including any additional impairments with respect to foreign operations), resulting in a charge to earnings; the Companys ability to manage and complete divestitures; the disruption of the Companys cash flow and ability to return value to its stockholders in accordance with its past practices; interest rate and foreign currency exchange rate fluctuations; declining economic conditions and increases in inflation in the United States and abroad; and other economic, business, competitive, legal, tax, regulatory and/or operational factors affecting the Companys business generally. 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Monday, January 31 - Friday, February 4, 2022 ensure that crucial efficiently! $ 11.03 compared to $ 9.26 in the prior year, may 11, 2022 ; AmerisourceBergen investor,! Positive impact on the Company does not provide forward-looking guidance on a GAAP,...
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