1 Represents discrete tax benefits primarily attributable to the income tax deductions resulting from the permanent shutdown of the PharMEDium business. 2022, September 30, At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. Media Statements and Executive Perspectives, Susan Lorenz-Fisher, Senior Vice President-Corporate Responsibility & Sustainability, AmerisourceBergen (unaudited), Three Duration Between Two Dates - Calculates number of days. (in thousands) My name is Rajam, and Ill be your operator today. 17 Mon. Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures: Net cash provided by operating activities, Cost of acquired companies, net of cash acquired, Net cash (used in) provided by financing activities, Effect of exchange rate changes on cash, cash equivalents, and restricted cash, Increase (decrease) in cash, cash equivalents, and restricted cash, including cash classified within assets held for sale, Less: Increase in cash classified within assets held for sale, Increase (decrease) in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash at beginning of year 2, Cash, cash equivalents, and restricted cash at end of year 2. 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. 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. June. We are good people, inspired to do the right thing and live our best by using our guiding principles to make sound decisions. 8:30am 12:00pm Continuing education sessions These amounts are calculated by translating current period results at the foreign currency exchange rates used in the comparable period in the prior year. Operating income increased 0.5 percent due to higher gross profit, which was largely offset by higher operating expenses. Fiscal Year 2023 Expectations on an Adjusted (non-GAAP) Basis. 1 Includes a $67.2 million LIFO expense, Turkey foreign exchange remeasurement expense of $40.0 million, and a $1.8 million gain from antitrust litigation settlements in the fiscal year ended September 30, 2022. 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. A slide presentation for investors has also been posted on the Company's website at investor.amerisourcebergen.com. These amounts are calculated by translating current period GAAP results at the foreign currency exchange rates used in the comparable period in the prior year. At Stock Options Channel, our YieldBoost. The leadership doesnt focus on the family or holiday, almost discouraged - mostly just about hitting quarterly goals. . By holding ourselves accountable to the highest standards of respect, inclusivity and empowerment, we foster a work environment where our people can be authentic and share ideas with confidence. AmerisourceBergen announced the establishment of AB Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with emerging healthcare startup companies working to transform healthcare for people and animals globally. We will resume normal operations on Monday, February 7, 2022 . For more information related to non-GAAP financial measures, including adjustments made in the periods presented, please refer to the Supplemental Information Regarding Non-GAAP Financial Measures following the tables. Revenues of $57.7 billion for the Second Quarter, a 17.4 Percent Increase Year-Over-Year, Second Quarter GAAP Diluted EPS of $2.59 and Adjusted Diluted EPS of $3.22, Adjusted Diluted EPS Guidance Range Raised to $10.80 to $11.05 for Fiscal 2022. $0.025. For fiscal year 2022, adjusted diluted EPS increased 19.1 percent to $11.03. Each year on the third Monday of January, America honors the birth, life and dream of Dr. . Quarter GAAP Diluted EPS of $1.40 and Adjusted Diluted EPS of $2.60 2022 HOLIDAY SCHEDULE Holiday Day Observed Date Observed New Year's Day Friday December 31, 2021 Martin Luther King, Jr. Day Monday January 17, 2022 Memorial Day Monday May 30, 2022 Independence Day Monday July 4, 2022 Labor Day Monday September 5, 2022 Veteran's Day Friday November 11, 2022 Thanksgiving Day Thursday November 24, 2022 Thanksgiving Day. Months Ended 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. (unaudited), Total liabilities and stockholders' equity, AMERISOURCEBERGEN CORPORATION 8:00am 5:00pm Continuing education sessions, Thursday, July 21 4-night package $2,704.00 4 Includes $127.6 million of expense relating to UK tax reform, $73.8 million of expense relating to Swiss tax reform, and a $20.4 million adjustment of discrete tax benefits primarily attributable to the income tax deductions resulting from the permanent shutdown of the PharMEDium business in the fiscal year ended September 30, 2021. Adjusted diluted EPS guidance has been raised from the previous range of $10.80 to $11.05 to a range of $10.90 to $11.10. September 30, 2021, Net loss (income) attributable to noncontrolling interests. From outside the United States and Canada, dial +1 (929) 526-1599. Your response will be removed from the review this cannot be undone. Thursday, December 29, 2022. March 31, 2022, Six Facebook. The Company does not provide forward-looking guidance on a GAAP basis, as discussed below in Fiscal Year 2022 Expectations. AmerisourceBergen Reports Fiscal 2022 Second Quarter Results, https://www.businesswire.com/news/home/20220503006098/en/. The telephone replay will also be available approximately two hours after the completion of the call and will remain available for seven days. Subscribe to Calendar; Zurich 2022. Schedule of events Wednesday, July 20 8:00am - 5:00pm Continuing education sessions 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. The non-GAAP financial measures should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. Thanksgiving Friday. Adjusted Non-GAAP % change vs. prior year. The Construction Industries segment is expected to benefit . AmerisourceBergen Corporation (NYSE:NYSE:ABC) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ETCompany ParticipantsBennett Murphy - SVP, IRSteven Collis - Chairman, President. 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 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. (unaudited), Adjustments to reconcile net income to net cash provided by operating activities. New Year's Day: December 31, 2021 Birthday of. 9:00am 3:00pm Exhibit hall & marketing lab Our leading capabilities in pharmaceutical distribution and manufacturer solutions enable us to play our core role in advancing pharmaceutical innovation and access, said Steven H. Collis, Chairman, President & Chief Executive Officer of AmerisourceBergen. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. 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 $2.3 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform in the three months ended September 30, 2021. Attributable to The Company does not provide forward-looking guidance on a GAAP basis, as discussed below in Fiscal Year 2022 Expectations. Our solutions power patient care for pharmacies, physician practices, hospitals and health systems. Apply a clean soft washcloth rung out in warm water and apply firmly against the affected ear as needed throughout the day. Customer Service Representative salaries ($25k), Customer Care Representative salaries ($27k). Adjusted operating income growth to be in the range of 0 to 3 percent; On a constant currency basis, adjusted operating income growth to be in the range of 3 to 6 percent; Excluding contributions related to COVID-19, adjusted operating income growth to be in the range of 3 to 5 percent; On a constant currency basis, excluding contributions related to COVID-19, adjusted operating income growth to be in the range of 6 to 8 percent; U.S. Healthcare Solutions segment operating income growth to be in the range of 2 to 4 percent; Excluding contributions related to COVID-19, U.S. Healthcare Solutions segment operating income growth to be in the range of 5 to 7 percent; International Healthcare Solutions segment operating income decline to be in the range of 3 to 7 percent; On a constant currency basis, International Healthcare Solutions segment operating income growth to be in range of 5 to 9 percent; Excluding contributions related to COVID-19, International Healthcare Solutions segment operating income decline to be in the range of 1 to 5 percent; On a constant currency basis excluding contributions related to COVID-19, International Healthcare Solutions segment operating income growth to be in the range of 7 to 11 percent; Excluding the impact of acquisitions and divestitures, International Healthcare Solutions segment operating income decline to be in the range of 7 to 11 percent; Adjusted effective tax rate to be approximately 20 percent to 21 percent; Adjusted free cash flow to be approximately $2 billion; Capital expenditures in the $500 million range; and. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. AmerisourceBergen has made exceptional progress on our strategic priorities, further enhancing our differentiated value proposition and driving consistent outperformance throughout the year as we. Wednesday, July 20 Chew gum. We are committed to enabling a high-performance culture and supporting our team members ability to live with purpose every day. 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, Juneteenth 2022 - Calendar Date Juneteenth 2022 Juneteenth for the year 2022 is celebrated/ observed on Sunday, June 19. Please check the website investor.amerisourcebergen.com for updates regarding the timing of the live webcasts and for replay information. (unaudited), AMERISOURCEBERGEN CORPORATION At AmerisourceBergen and through our family of companies, we ensure that crucial medications efficiently, reliably and securely reach their destinations every day. 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. 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. AMERISOURCEBERGEN CORPORATION 11/19/2001. Juneteenth: Sunday, June 19 (Observed Monday, June 20) Independence Day: Monday, July 4 Labor Day: Monday, September 5 Indigenous Peoples' Day (also observed as Columbus Day): Monday, October 10. (in thousands, except per share data) By providing your email address below, you are providing consent to AmerisourceBergen Corporation to send you the requested investor email alerts updates. 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. 12/03/2001. If you experience any issues with this process, please contact us for further assistance. 3 Includes $2.7 million and $21.4 million of losses on the currency remeasurement of deferred tax assets relating to Swiss tax reform in the three months ended March 31, 2022 and 2021, respectively. 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 Net Loss (Income) Attributable to Noncontrolling Interests, Impairment of non-customer note receivable. Friday, December 30, 2022. AmerisourceBergen offers paid holidays, which may vary by location, business unit and worker status. The live call will also be webcast via the Companys website at investor.amerisourcebergen.com. Welcome to the AmerisourceBergen Corporation Fiscal 2022 Second Quarter Earnings Call. Coordination of stock transfers in conjunction with Procurement; Quarantining of product as required; Coordination and management of cycle counts and physical inventories for both July 18, 2022, Veterinary Advantage, Steve Shell and Julia Loew Monday, December 26, 2022*. 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. Revenue in International Healthcare Solutions was $6.8 billion in the second quarter of fiscal 2022, an increase from the previous fiscal years second quarter of 585.3 percent, primarily due to the June 2021 acquisition of Alliance Healthcare. We prioritize the health and well-being of people both inside and outside AmerisourceBergen. J.P. Morgan Healthcare Conference, January 9-12, 2023. FY 2022 Earnings Release: 09/14/22 | 11:45am : Morgan Stanley Global Healthcare . Interests. Jan 16, is in 16 days. 2022 Calendar of Holidays and Celebrations in the United States. 2 Includes $127.6 million of expense relating to UK tax reform, $73.8 million of expense relating to Swiss tax reform, and a $3.4 million loss on the currency remeasurement of the related deferred tax assets, the latter of which is recorded within Other Income, Net. Investor Day AmerisourceBergen will also host an Investor Day on Wednesday, June 1, 2022, in New York City. 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. 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. 1 Excludes $28.4 million of September 2022 purchases that cash settled in October 2022. 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 Normal operations on Monday, February 7, 2022, Adjusted diluted EPS 19.1. Operating activities on the family or holiday, almost discouraged - mostly just about hitting quarterly goals of... 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