BrightSpring Health Services Inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

BrightSpring Health Services Inc reports strong Q2 performance and growth outlook

BrightSpring Health Services Inc demonstrated strong financial performance in Q2 2024, driven by robust revenue growth and improved adjusted EBITDA. The company's strategic focus on serving complex patient populations, expanding its pharmacy segments, and recognizing employee contributions positions it for continued success.
Despite potential challenges in managing growth complexities and regulatory changes, BrightSpring Health Services has opportunities to further expand its service offerings, enhance its Provider Services segment, and drive growth through strategic acquisitions and operational efficiencies.
Overall, BrightSpring Health Services Inc's Q2 earnings call highlighted a positive outlook, emphasizing its commitment to high-quality care, operational excellence, and growth through a combination of organic strategies and accretive acquisitions.

BrightSpring Health Services excels in Q3, eyes sustained growth

BrightSpring Health Services reported robust financial results in Q3, with strong revenue and EBITDA growth across key segments. The company's strategic acquisitions and focus on operational efficiency are driving performance.
While facing challenges in cost management and operational optimization, BrightSpring Health Services is actively pursuing opportunities for growth through capital deployment and enhanced patient care services.
With a positive outlook for Q4 and 2025, the company's emphasis on governance, strategic leadership, and market expansion positions it well for continued success and value creation for stakeholders.

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BrightSpring Health Services, Inc. engages in the provision of a platform of complementary health services delivering and pharmacy solutions for complex populations in home and community settings. It operates under the Pharmacy Solutions and Provider Services segments. The Pharmacy Solutions segment includes infusion and specialty pharmacy, and home and community pharmacy. The Provider Services segment is involved in home health care and community and rehab care. The company was founded in 1974 and is headquartered in Louisville, KY.

LOUISVILLE, Ky., Dec. 11, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, completed the successful refinancing of all of its $2.55 billion Term Loan B facility due February 2031, through its subsidiary Phoenix Guarantor Inc. BrightSpring incurred no additional indebtedness as a result of the transaction.

BrightSpring Health Services, Inc. Announced Refinancing of Term Loan B

LOUISVILLE, Ky., Nov. 26, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “BrightSpring Health Services”) (NASDAQ: BTSG) is proud of its specialty pharmacy partner, Onco360®, for being selected as the national pharmacy partner for multiple medications approved to treat advanced cancers and blood disease.

BrightSpring Health Services Announces Onco360® Has Been Selected as a Partner for Several New Drugs

LOUISVILLE, Ky., Nov. 21, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that Company management will participate at two upcoming virtual investor conferences.

BrightSpring Health Services, Inc. to Participate in Two Upcoming Investor Conferences

LOUISVILLE, Ky., Nov. 06, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “BrightSpring Health Services”) (NASDAQ: BTSG) is proud that CareMed, a BrightSpring company and leading independent Specialty Pharmacy, was selected by Eisai to be the national specialty pharmacy provider for Leqembi®, a cutting-edge treatment for Alzheimer's disease.

BrightSpring Health Services Announces CareMed Was Selected as a National Specialty Pharmacy Partner for Leqembi®

BrightSpring Health Services, Inc. (NASDAQ:BTSG ) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Jennifer Phipps - Chief Accounting Officer Jon Rousseau - President & Chief Executive Officer Jim Mattingly - Chief Financial Officer Conference Call Participants Brian Tanquilut - Jefferies A.J. Rice - UBS David Larsen - BTIG Joanna Gajuk - Bank of America Ann Hynes - Mizuho Securities Whit Mayo - Leerink Linda Bolduc - Morgan Stanley Jamie Perse - Goldman Sachs Pito Chickering - Deutsche Bank Matthew Gillmor - KeyBanc Capital Markets Operator Good day and thank you for standing by.

BrightSpring Health Services, Inc. (BTSG) Q3 2024 Earnings Call Transcript

LOUISVILLE, Ky., Nov. 01, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced financial results for the third quarter ended September 30, 2024, and increases 2024 revenue and Adjusted EBITDA1 guidance.

BrightSpring Health Services, Inc. Reports Third Quarter 2024 Financial Results and Increases Full Year 2024 Guidance

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Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years

On September 30, 2024, FMR LLC (Trades, Portfolio) made a significant addition to its investment portfolio by acquiring 18,498,153 shares of BrightSpring Health Services Inc (BTSG, Financial). This transaction, executed at a price of $14.68 per share, reflects a strategic move by the firm, aligning with its broader investment objectives.

FMR LLC's Strategic Acquisition in BrightSpring Health Services Inc

LOUISVILLE, Ky., Oct. 01, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services, Inc. (“BrightSpring” or the “Company”) (NASDAQ: BTSG) announced today that it plans to release its third quarter 2024 financial results on Friday, November 1, 2024, prior to the Company's earnings conference call, which will be held at 8:30 a.m. ET on the same day.

BrightSpring Health Services, Inc. to Announce Third Quarter 2024 Financial Results on November 1, 2024

LOUISVILLE, Ky., Sept. 30, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “the Company”) (NASDAQ: BTSG), a leading provider of home- and community-based health services for complex populations, today announced that Dr. Steve Miller was appointed as a Class II member of the Board of Directors. Dr. Miller will also serve as a member of the Board's Audit Committee and as the chair of the Board's Quality & Compliance and Governance Committee.

BrightSpring Health Services, Inc. Welcomes Dr. Steve Miller to Board of Directors

NEW YORK, NY / ACCESSWIRE / September 18, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

Levi & Korsinsky Investigates Possible Securities Fraud Violations by BrightSpring Health Services, Inc. (BTSG)

NEW YORK, NY / ACCESSWIRE / September 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

Levi & Korsinsky Announces an Investigation on Behalf of BrightSpring Health Services, Inc. (BTSG) Shareholders Who May Have Been Affected by Fraud

NEW YORK, NY / ACCESSWIRE / September 16, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

BTSG ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by BrightSpring Health Services, Inc.

LOUISVILLE, Ky., Sept. 13, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or the “Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced that investment funds managed by KKR & Co. Inc. and its subsidiaries (“KKR”), an existing shareholder of BrightSpring, have entered into an agreement with Walgreen Co. (“WBA”) to purchase 11,619,998 shares of BrightSpring's common stock from WBA in a private transaction. The transaction was negotiated directly between KKR and WBA, with KKR making the investment through its private equity funds. BrightSpring is not issuing or selling any shares of common stock in connection with the transaction, which is expected to close on or about September 16, 2024.

KKR to Purchase of 11,619,998 Shares of BrightSpring Health Services Common Stock from Walgreens Boots Alliance

NEW YORK, NY / ACCESSWIRE / September 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

BrightSpring Health Services, Inc. (BTSG) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

PITTSBURGH , Sept. 12, 2024 /PRNewswire/ -- North Central Florida Hospice, Inc. and Haven Medical Group, LLC (collectively "Haven Hospice"), a Florida-based company for comprehensive hospice care services in 18 counties in north central Florida completed its sale of select assets to BrightSpring Health Services (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, effective September 1, 2024.

HAVEN HOSPICE ACQUIRED BY BRIGHTSPRING HEALTH SERVICES

NEW YORK, NY / ACCESSWIRE / September 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

BrightSpring Health Services, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by BrightSpring Health Services, Inc. (BTSG)

NEW YORK, NY / ACCESSWIRE / September 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

Shareholder Rights Advocates at Levi & Korsinsky Investigate BrightSpring Health Services, Inc. (BTSG) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / September 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

BTSG STOCK ALERT: Levi & Korsinsky Notifies BrightSpring Health Services, Inc. Investors of an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / September 7, 2024 / Pomerantz LLP is investigating claims on behalf of investors of BrightSpring Health Services, Inc. ("BrightSpring" or the "Company") (NASDAQ:BTSG). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of BrightSpring Health Services, Inc. - BTSG

NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

Shareholders that lost money on BrightSpring Health Services, Inc.(BTSG) should contact Levi & Korsinsky about Securities Fraud Investigation - BTSG

NEW YORK, NY / ACCESSWIRE / September 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of BrightSpring Health Services, Inc. ("BrightSpring Health Services, Inc.") (NASDAQ:BTSG) concerning possible violations of federal securities laws. BrightSpring conducted its initial public offering ("IPO") of 53,333,334 shares of common stock priced at $13.00 per share on or around January 25, 2024.

BrightSpring Health Services, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - BTSG

NEW YORK , Sept. 3, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of BrightSpring Health Services, Inc. ("BrightSpring" or the "Company") (NASDAQ: BTSG).

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of BrightSpring Health Services, Inc. - BTSG

LOUISVILLE, Ky., Sept. 03, 2024 (GLOBE NEWSWIRE) -- BrightSpring Health Services (“BrightSpring” or “the Company”) (NASDAQ: BTSG), a leading provider of home and community-based health services for complex populations, today announced that it completed the acquisition of the assets of North Central Florida Hospice, Inc. and Haven Medical Group, LLC (collectively “Haven Hospice”), a Florida-based company holding a Certificate of Need (CON) for comprehensive hospice care services in 18 counties in north central Florida, effective September 1, 2024.

BrightSpring Health Services Announces Definitive Agreement to Acquire Haven Hospice, Expanding Hospice Services into Florida

BrightSpring Health Services stock has underperformed since its IPO. The company aims to address important pain points in healthcare, such as reducing costs and providing seamless patient experiences. Despite a potential double-digit upside, caution is advised due to erratic financial performance, high debt, and uncertain growth projections.

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