The past year's Revenue Per Employee was at 5.42 Million. President's Day Feb 20, is in 51 days. From outside the United States, dial +44 (204) 525-0658. On the basis of U.S. generally accepted accounting principles (GAAP), diluted earnings per share (EPS) was $1.40 for the September quarter of fiscal 2022, compared to $2.08 in the prior year quarter. 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. Native American tribes reach a tentative opioid settlement with J&J and distributors Operating income within International Healthcare Solutions decreased 12.6 percent to $163.1 million in the fourth quarter of fiscal 2022. 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. AmerisourceBergen is ranked #10 on the Fortune 500 with more than $200 billion in annual revenue. These supplemental measures may vary from, and may not be comparable to, similarly titled measures by other companies. Choose your province or territory Most viewed holidays today: We are proud to share that we have been named one of Americas Most Responsible Companies by Newsweek for the second time! Biweekly paid employees working any holiday will be paid at time and one-half. Package price includes hotel, meals, continuing education sessions, Senior Vice President, Investor Relations May. 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, Editorial Calendar; Events Calendar . WASHINGTON (Reuters) -The U.S. government on Thursday filed a lawsuit accusing AmerisourceBergen Corp, one of the nation's largest drug distributors, of helping ignite the nation's deadly opioid epidemic by failing to report hundreds of thousands of suspicious orders of prescription painkillers. Monday 9/6; . Thanksgiving Friday. 2021, September 30, 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. FY 2022 Earnings Release: 09/14/22 | 11:45am : Morgan Stanley Global Healthcare . Investor Day AmerisourceBergen will also host an Investor Day on Wednesday, June 1, 2022, in New York City. AmerisourceBergen has introduced its fiscal year 2023 financial guidance, which aligns with the initial commentary provided at its June 2022 investor day. 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. Operator: Good morning or good afternoon all. This acquisition advances our role as a partner of choice for biopharmaceutical companies by enhancing our global portfolio of specialty services. 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. Independence Day. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances and speak only as of the date hereof. 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 8:30am 12:00pm Continuing education sessions 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. A slide presentation for investors has also been posted on the Company's website at investor.amerisourcebergen.com. https://www.businesswire.com/news/home/20220503006098/en/, Bennett S. Murphy Below are the proxy materials provided. . AMERISOURCEBERGEN CORPORATION company earnings calendar and analyst expectations - Upcoming and past events | Nyse: ABC | Nyse. AMERISOURCEBERGEN CORPORATION Compensated to do so, but difficult for a life outside of work, We are proud to share our 2021 Global #Sustainability Report and #ESG Reporting Index. Adjusted operating income increased 19.5 percent to $3.2 billion due to the increase in gross profit associated with the June 2021 acquisition of Alliance Healthcare, increased sales to specialty physician practices, and fees earned from the distribution of government-owned COVID-19 treatments. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by the federal securities laws. At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. 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 Changes in operating assets and liabilities, excluding the effects of acquisitions: 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 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 in cash, cash equivalents, and restricted cash, Cash, cash equivalents, and restricted cash at beginning of period 1, Cash, cash equivalents, and restricted cash at end of period 1. Similarly, the timing and amount of litigation settlements is unpredictable and non-recurring. Operating expenses increased 29.2 percent primarily due to an increase in expenses as a result of the June 2021 acquisition of Alliance Healthcare. If the compress becomes soiled because of ear drainage, replace it with a fresh one. Months Ended With a global presence and 42,000+ team members strong, AmerisourceBergen is committed to making a difference in the future of health. 2022 Holiday Schedule | Payroll Office | Baylor University 2022 Holiday Schedule Baylor will be closed on these holidays and only certain areas will need employees to work. Visit our . Thursday, November 24, 2022. 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. Net Loss (Income) Attributable to Noncontrolling Interests, Impairment of non-customer note receivable. Holiday pay, also volunteer time off 8 hrs per year, there are a reasonable amount of paid holidays. They also distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies . 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. The non-GAAP financial measures should be viewed in addition to, and not in lieu of, financial measures calculated in accordance with GAAP. Dec 30, 2021 10:53AM EST I nvestors in AmerisourceBergen Corp. (Symbol: ABC) saw new options begin trading today, for the February 2022 expiration. Friday, November 25, 2022. The leadership doesnt focus on the family or holiday, almost discouraged - mostly just about hitting quarterly goals. Juneteenth is observed on June 19 each year commemorating the emancipation of the enslaved African Americans back in 1865. From outside the United States and Canada, dial +1 (929) 526-1599. 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. The Companys previously reported segment results have been revised to conform to its re-aligned reporting structure. ", Second Quarter Fiscal Year 2022 Summary Results, Net Income Attributable to AmerisourceBergen Corporation. Adjusted diluted EPS guidance has been raised from the previous range of $10.60 to $10.90 to a range of $10.80 to $11.05. 26 questions about Benefits at AmerisourceBergen. We will resume normal operations on Monday, February 7, 2022 . Revenue increased 11.5 percent to $238.6 billion. Fiscal Year 2022 GAAP Diluted EPS of $8.04 and Adjusted Diluted EPS of $11.03. bmurphy@amerisourcebergen.com. CASH. AmerisourceBergen Corporation is an American drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001. Across our globally diverse workforce, our people champion a shared purpose to create healthier futures. Customer Service Representative salaries ($25k), Customer Care Representative salaries ($27k). 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. 6:30pm Closing night party. In fiscal year 2022, GAAP diluted EPS was $8.04 compared to $7.39 in the prior fiscal year. The access code for the replay is 796214. ThoughtSpot 2022, the annual trade show hosted by AmerisourceBergen and, https://www.wearegnp.com/thoughtspot2022/thoughtspot2022-event-details. Therefore, the Company believes that the presentation of non-GAAP financial measures provides useful supplementary information to, and facilitates additional analysis by, investors. Noncontrolling The Construction Industries segment is expected to benefit . 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. International Healthcare Solutions consists of Alliance Healthcare, World Courier, Innomar, Profarma, and Profarma Specialty (until it was divested in June 2022). 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. Additionally, on May 2, 2022, the Company and the two other national pharmaceutical distributors reached an agreement to pay up to $518 million in a settlement with the State of Washington and participating subdivisions to resolve opioid-related claims, consistent with Washingtons allocations under the comprehensive settlement agreement, as well as certain attorneys fees and costs. The Company does not provide forward-looking guidance on a GAAP basis, as discussed below in Fiscal Year 2022 Expectations. 8:00am 5:00pm Continuing education sessions, Thursday, July 21 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. View all AmerisourceBergen jobs - Oakville jobs - Program Coordinator jobs in Oakville, ON. Coordination of stock transfers in conjunction with Procurement; Quarantining of product as required; Coordination and management of cycle counts and physical inventories for both 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 September 30, 2021, Net loss (income) attributable to noncontrolling interests. 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). (in thousands, except per share data) Operating income increased 0.5 percent due to higher gross profit, which was largely offset by higher operating expenses. 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. 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. AmerisourceBergen Corp. Calendar Event Estimate Info Date; Earnings Report: 3.278 USD : To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 2022, September 30, Presidents' Day. 05 Mon. For fiscal year 2022, adjusted diluted EPS increased 19.1 percent to $11.03. Adjusted diluted EPS, which is a non-GAAP measure that excludes items described below, increased 27.3 percent to $3.22 in the fiscal second quarter. 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. 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. 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. While the contribution from COVID treatment distribution was higher than expected in the second quarter of fiscal 2022, the Companys full year expectations from COVID treatment distribution are largely unchanged. Adjusted operating income increased by 21% and adjusted EPS grew by 18%. 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 Friday, December 30, 2022. December 19, 2022, Fierce Pharma, Alex Kilgore and Micaela Brandau Summary Fiscal Year Adjusted (non-GAAP) Results. We are committed to enabling a high-performance culture and supporting our team members' ability to live with purpose every day. 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. Sunday, Dec 18, 2022. Monday, January 31 - Friday, February 4, 2022. Holiday Schedule. This scholarship program will support aspiring Black and African American pharmacists and invest in their ability to provide culturally competent care. 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. (unaudited), Net Income Attributable to Noncontrolling Interests, Gains from antitrust litigation settlements, Acquisition-related intangibles amortization, Gain on remeasurement of equity investment, Adjusted Non-GAAP % change vs. prior year quarter. 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. Attributable to September 30, 2022, Fiscal Year Ended Calendar for 2023; Calendar for 2024; Calendar Generator - Create a calendar for any year. 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. Juneteenth (day off) July. 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. AB Health Ventures initially launched with $150 million allocated for investment in early-to mid-stage health-related startups around the world. (dollars in thousands) During the event, attendees discussed pressing issues related to health equity in cancer care. Find information about retirement plans, insurance benefits, paid time off, reviews, and more. I will now hand over to your host, Bennett Murphy, Head of Investor Relations to begin. In his new role, Mr. Mauch will oversee all AmerisourceBergen operations. Day Date Holiday Name Type Comments; Saturday: Jan 01: GAAP TO NON-GAAP RECONCILIATIONS Six The access code for the call will be 562752. We are good people, inspired to do the right thing and live our best by using our guiding principles to make sound decisions. The access code for the replay is 796214. At Stock Options Channel, our YieldBoost. "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. Wednesday, July 20 AmerisourceBergen is now updating its fiscal year 2022 financial guidance to reflect the stronger than expected performance of several of its businesses. Please refer to the Supplemental Information Regarding Non-GAAP Financial Measures following the tables for additional information. Attributable to 1 Includes $60.7 million and $46.6 million of LIFO credits in the six months ended March 31, 2022 and 2021, respectively. We strive to offer benefit programs that are comprehensive, competitive and will meet the needs of our associates. Net Income NON-GAAP FINANCIAL MEASURES. Adjusted diluted EPS, which is a non-GAAP measure that excludes items described below, increased 8.8 percent to $2.60 in the fiscal fourth quarter. 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. AmerisourceBergen delivered strong performance in our 2022 fiscal year as our teams execution excellence allowed us to deliver on our strategic priorities. 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. Revenue of $238.6 Billion for Fiscal Year 2022, an 11.5 Percent Year-Over-Year Increase 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. 2022 AmerisourceBergen Corp. 1.84 1.36 USD 2021 AmerisourceBergen Corp. 1.76 . 17 people answered Personnel required for emergency, security and special . Subscribe to Calendar; Zurich 2022. Interests. 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. 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. Months Ended 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. 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. CONSHOHOCKEN, Pa.--(BUSINESS WIRE)-- Adjusted Non-GAAP % change vs. prior year. 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. The live call will also be webcast via the Companys website at investor.amerisourcebergen.com. ET on November 3, 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. Through pursuing our purpose, we improve health and wellbeing, promote global sustainability, and inspire our team members. June 19 each year commemorating the emancipation of the June 2021 acquisition Alliance... 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