VALLEY FORGE, Pa.--(BUSINESS WIRE)--Jul. 9, 2009-- AmerisourceBergen Corporation (NYSE:ABC) today announced that it now plans to release its results for the Third Quarter of Fiscal Year 2009 on Thursday, July 30, 2009, prior to the opening of trading on the New York Stock Exchange, and to hold a conference call to discuss the results at 11:00 a.m. Eastern Daylight Time on that date. The date was moved one week so that Michael D. DiCandilo, Executive Vice President and Chief Financial Officer, will be available for the conference call. Mr. DiCandilo will shortly undergo minor surgery to repair a herniated disk.
The Company reaffirmed its fiscal year 2009 expectations for diluted earnings per share from continuing operations in the range of $1.59 to $1.65 in fiscal year 2009, a 10 percent to 15 percent increase over the $1.44 in the previous fiscal year. These expectations reflect the Company’s two-for-one stock split which occurred in June 2009.
Participating in the July 30, 2009 earnings conference call will be:
||R. David Yost, President & Chief Executive Officer |
||Michael D. DiCandilo, Executive Vice President & Chief Financial Officer |
The dial-in number for the live call will be (651) 291-0900. No access code is required.
The live call will also be webcast via the Company’s website at http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.amerisourcebergen.com&esheet=6003930&lan=en_US&anchor=www.amerisourcebergen.com&index=1. Users are encouraged to log on to the webcast approximately 10 minutes in advance of the scheduled start time of the call.
Replays of the call will be made available via telephone and webcast. A replay of the webcast will be posted on http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.amerisourcebergen.net&esheet=6003930&lan=en_US&anchor=www.amerisourcebergen.com&index=2 approximately two hours after the completion of the call and will remain available for thirty days. The telephone replay will also be available approximately two hours after the completion of the call and will remain available for seven days. To access the telephone replay from within the US, dial 800-475-6701. From outside the US, dial 320-365-3844. The access code is 106662.
AmerisourceBergen is one of the world's largest pharmaceutical services companies serving the United States, Canada and selected global markets. Servicing both pharmaceutical manufacturers and healthcare providers in the pharmaceutical supply channel, the Company provides drug distribution and related services designed to reduce costs and improve patient outcomes. AmerisourceBergen's service solutions range from pharmacy automation and pharmaceutical packaging to reimbursement and pharmaceutical consulting services. With more than $70 billion in annual revenue, AmerisourceBergen is headquartered in Valley Forge, PA, and employs approximately 10,000 people. AmerisourceBergen is ranked #26 on the Fortune 500 list. For more information, go to http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.amerisourcebergen.com&esheet=6003930&lan=en_US&anchor=www.amerisourcebergen.com&index=3.
This news release contains forward-looking statements about AmerisourceBergen’s future business and financial performance, estimates and prospects. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may vary materially from the expectations contained in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in any forward-looking statements: changes in pharmaceutical market growth rates; the loss of one or more key customer or supplier relationships; changes in customer mix; customer delinquencies, defaults or insolvencies; supplier defaults or insolvencies; changes in pharmaceutical manufacturers’ pricing and distribution policies or practices; adverse resolution of any contract or other dispute with customers or suppliers; federal and state government enforcement initiatives to detect and prevent suspicious orders of controlled substances and the diversion of controlled substances; changes in U.S. legislation or regulatory action affecting pharmaceutical product pricing or reimbursement policies, including under Medicaid and Medicare; changes in regulatory or clinical medical guidelines and/or labeling for the pharmaceuticals we distribute, including certain anemia products; price inflation in branded pharmaceuticals and price deflation in generics; significant breakdown or interruption of our information technology systems; our inability to implement an enterprise resource planning (ERP) system to handle business and financial processes within AmerisourceBergen Drug Corporation’s operations and our corporate functions without operating problems and/or cost overruns; success of integration, restructuring or systems initiatives; interest rate and foreign currency exchange rate fluctuations; economic, business, competitive and/or regulatory developments in Canada, the United Kingdom and elsewhere outside of the United States; the impact of divestitures or the acquisition of businesses that do not perform as we expect or that are difficult for us to integrate or control; our inability to successfully complete any other transaction that we may wish to pursue from time to time; changes in tax legislation or adverse resolution of challenges to our tax positions; increased costs of maintaining, or reductions in our ability to maintain adequate liquidity and financing sources; continued volatility and further deterioration of the capital and credit markets; and other economic, business, competitive, legal, tax, regulatory and/or operational factors affecting our business generally. Our most recent annual report on Form 10-K, quarterly reports on Forms 10-Q and current reports 8-K (which we may revise or supplement in future reports filed to the SEC) provide additional information about these risks, uncertainties and other matters. We do not undertake to update our forward-looking statements.
Source: AmerisourceBergen Corporation
Michael N. Kilpatric