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. $0.025. From outside the United States, dial +44 (204) 525-0658. Scroll down to view the national list or choose your state's calendar. Jul 2022 - Oct 2022 4 months. Robert P. Mauch was appointed Executive Vice President and Chief Operating Officer effective October 1, 2022. 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. I will now hand over to your host, Bennett Murphy, Head of Investor Relations to begin. These dates may be modified as official changes are announced, so please check back regularly for updates. Summary Fiscal Year Adjusted (non-GAAP) Results. 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. 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. CLOSED1 DAY DELAY ALL WEEK. 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. 21 Mon. 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. For calendar year 2022, New Year's Day (January 1) falls on a Saturday and will be observed on Friday, December 31, 2021; Juneteenth (June 19th) falls on a Sunday and will be observed on Monday, June 20, 2022; and Christmas Day (December 25) falls on Sunday and will be observed on Monday, December 26, 2022. 2 Includes an $8.1 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform, Turkey foreign exchange remeasurement expense of $6.1 million, a $4.8 million gain on the remeasurement of an equity investment, and a $3.7 million reduction to the previously recognized gain on the sale of businesses in the three months September 30, 2022. 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 . 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. March 31, 2022, Six The Company does not provide forward-looking guidance on a GAAP basis, as discussed below in Fiscal Year 2022 Expectations. ", Second Quarter Fiscal Year 2022 Summary Results, Net Income Attributable to AmerisourceBergen Corporation. U.S. Healthcare Solutions consists of the legacy Pharmaceutical Distribution Services reportable segment (excluding Profarma), MWI Animal Health, Xcenda, Lash Group, and ICS 3PL. 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. October. Customer Service Representative salaries ($25k), Customer Care Representative salaries ($27k). 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. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. These dates may be modified as official changes are announced, so please check back regularly for updates. In the tables that follow, GAAP results and GAAP to non-GAAP reconciliations are presented. Apply a clean soft washcloth rung out in warm water and apply firmly against the affected ear as needed throughout the day. Our solutions power patient care for pharmacies, physician practices, hospitals and health systems. The Company does not provide forward looking guidance on a GAAP basis for such metrics because certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. Please refer to the Supplemental Information Regarding Non-GAAP Financial Measures following the tables for additional information. Labor Day. To access the telephone replay from within the U.S. and Canada, dial (866) 813-9403. Chew gum. 6:30pm Closing night party. ET on November 3, 2022. Presidents' Day. Across our globally diverse workforce, our people champion a shared purpose to create healthier futures. 9:00am 3:00pm Exhibit hall & marketing lab 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. We recognize that our work is essential in advancing the treatment and prevention of COVID-19 and are dedicated to supporting our associates, customers, partners and patients at this critical time. Fourth 11:00am 5:00pm Exhibit hall & marketing lab Youth 5 and under FREE AmerisourceBergen Reports Fiscal 2022 Second Quarter Results, https://www.businesswire.com/news/home/20220503006098/en/. Quarter GAAP Diluted EPS of $1.40 and Adjusted Diluted EPS of $2.60 Fourth Quarter Adjusted (non-GAAP) Results. . BILL PETERS. The Company's Board of Directors declared a quarterly cash dividend of $0.46 per common share, payable May 31, 2022, to stockholders of record at the close of business on May 16, 2022. Asked May 1, 2018. The non-GAAP financial measures should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. 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. We have included the following non-GAAP earnings-related financial measures in this release: The Company also presents revenue and operating income on a constant currency basis, which are non-GAAP financial measures. 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. 2022 AmerisourceBergen Corp. 1.84 1.36 USD 2021 AmerisourceBergen Corp. 1.76 . Months Ended 41 overall on the 2022 list and sixth in the Health Care & Life Sciences Category. Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. Early bird pricing (until September 30, 2021) Please note that answers to the most common questions and inquiries can be found on our website or the Department of State's website. 9:00am 11:00am General session You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. AmerisourceBergen is updating its outlook for fiscal year 2022. 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. Most pharma industry organizations offer 10-12, Nothing special. International Healthcare Solutions consists of Alliance Healthcare, World Courier, Innomar, Profarma, and Profarma Specialty. Interests. Holiday pay, also volunteer time off 8 hrs per year, there are a reasonable amount of paid holidays. Replays of the call will be made available via telephone and webcast. Conshohocken, Pa. - AmerisourceBergen, a global healthcare company, has been named one of "America's Most Responsible Companies" by Newsweek magazine. Answered May 23, 2019 - Telehealth Nurse (Former Employee) - Frisco, TX Large global company, many facets, hard to be personnel at the cooperate level. For fiscal year 2022, adjusted diluted EPS increased 19.1 percent to $11.03. 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. These dates may be modified as official changes are announced, so please check back regularly for updates. X. Weighted average diluted shares are expected to be approximately 207 to 209 million for the fiscal year. Read the latest press releases and media mentions. Gross profit increased 19.5 percent to $8.3 billion primarily due to 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, partially offset by a LIFO expense in the current year versus a credit in the previous fiscal year and less favorable gains from antitrust litigation settlements. Martin Luther King Day. BILL PETERS. 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. NON-GAAP FINANCIAL MEASURES. 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. and holiday schedule conflicts, just to name a few. These amounts are calculated by translating current period results at the foreign currency exchange rates used in the comparable period in the prior year. AMERISOURCEBERGEN CORPORATION company earnings calendar and analyst expectations - Upcoming and past events | Nyse: ABC | Nyse. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 01 Sat. These statements are based on managements current expectations and are subject to uncertainty and changes in circumstances and speak only as of the date hereof. Our more than 43,000 global team members power our purpose: We are united in our responsibility to create healthier futures. Package India Public Holidays 2022. AmerisourceBergen Corp. Calendar Event Estimate Info Date; Earnings Report: 3.278 USD : U.S. Healthcare Solutions consists of the legacy Pharmaceutical Distribution Services reportable segment (excluding Profarma), MWI Animal Health, Xcenda, Lash Group, and ICS 3PL. A replay of the webcast will be posted on investor.amerisourcebergen.com approximately one hour after the completion of the call and will remain available for one year. NON-GAAP FINANCIAL MEASURES. Youth 6-17 $275.00, 1. Explore more: http://ow.ly/5Trr50HJkGL. What benefits does AmerisourceBergen offer? 1 Includes tax expense relating to Swiss tax reform and a gain on the currency remeasurement of the related deferred tax assets, which is recorded within Other (Income) Loss, Net. 10/31/2001. AmerisourceBergen fosters a positive impact on the health of people and communities around the world by advancing the development and delivery of pharmaceuticals and healthcare products. Revenue increased 11.5 percent to $238.6 billion for the fiscal year. The access code for the call will be 053465. Juneteenth is observed on June 19 each year commemorating the emancipation of the enslaved African Americans back in 1865. 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. 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. 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. 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. Below, AmerisourceBergen presents descriptive summaries of the Companys GAAP and adjusted (non-GAAP) quarterly and fiscal year results. Workforce Management Analyst at AmerisourceBergen Oakland University You must click the activation link in order to complete your subscription. For fiscal year 2022, diluted EPS increased 8.8 percent to $8.04. Revenue grew 13% over the prior year to $59 billion. 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. 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. Each year on the third Monday of January, America honors the birth, life and dream of Dr. . Duration Between Two Dates - Calculates number of days. 3 Includes a $2.6 million gain and a $7.3 million loss on the currency remeasurement of deferred tax assets relating to Swiss tax reform in the six months ended March 31, 2022 and 2021, respectively. President Joe Biden signed the Juneteenth National Independence Day Act into law on June 17, 2021. Comprehensive list of National and Regional Public Holidays that are celebrated in Zurich, Switzerland during 2022 with dates and information on the origin and meaning of holidays. AmerisourceBergen offers paid holidays, which may vary by location, business unit and worker status. 8:00am 5:00pm Continuing education sessions The Companys previously reported segment results have been revised to conform to its re-aligned reporting structure. 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. This area is lacking compared to other companies. In February 2022, AmerisourceBergen reached a national settlement with state and local governments, agreeing to pay $6.1 billion to resolve a tsunami of opioid-related lawsuits. Certain of the statements contained in this press release are 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 (the Securities Exchange Act). At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. "As we move into the second half of our fiscal year with significant momentum, we remain focused on execution and continuing to help our partners navigate the complex and evolving healthcare landscape. AmerisourceBergen ranked No. Learn more at investor.amerisourcebergen.com. Dec 30, 2021 10:53AM EST I nvestors in AmerisourceBergen Corp. (Symbol: ABC) saw new options begin trading today, for the February 2022 expiration. (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 . The access code for the fiscal year 2022 Summary results, Net Income Attributable AmerisourceBergen. Of Dr. to complete your subscription Joe Biden signed the juneteenth national day. To view the national list or choose your state amerisourcebergen holiday schedule 2022 # x27 ; s.! And apply firmly against the affected ear as needed throughout the day Adherence Services, Global Storage, &... And will not share your information with any third party amount of paid holidays million for the fiscal 2022. 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