Revenue grew 13% over the prior year to $59 billion. On November 2, 2022, the Company's Board of Directors declared a quarterly dividend of $0.485 per common share, an increase in its quarterly dividend rate from $0.46 per common share. Includes a $203.0 million LIFO credit and $168.8 million of gains from antitrust litigation settlements in the fiscal year ended September 30, 2021. 4-night package $2,704.00 Bank of America Healthcare Conference, May 11, 2022; AmerisourceBergen Investor Day, June 1, 2022. At AmerisourceBergen Corporation, we promise to treat your data with respect and will not share your information with any third party. 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. These dates may be modified as official changes are announced, so please check back regularly for updates. 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. Labor Day . September 30, 2022, Fiscal Year Ended 9:00am 3:00pm Exhibit hall & marketing lab Personnel required for emergency, security and special . 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. 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 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. Each year on the third Monday of January, America honors the birth, life and dream of Dr. . Decent holidays covered but definitely wish more. The Advanced Pharmacy Practice Experience Pharmacy Distribution Leadership Rotation course exposes students to the interconnectivity between pharmaceutical supply chain stakeholders such as distributors, manufacturers, and providers, and gives students an understanding of its essential role in the delivery of patient care. 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. Users are encouraged to log on to the webcast approximately 10 minutes in advance of the scheduled start time of the call. We strive to offer benefit programs that are comprehensive, competitive and will meet the needs of our associates. 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. (dollars in thousands) 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. A slide presentation for investors has also been posted on the Company's website at investor.amerisourcebergen.com. Thanksgiving Day. The live call will also be webcast via the Companys website at investor.amerisourcebergen.com. Note: For more information related to non-GAAP financial measures, refer to the section titled "Supplemental Information Regarding Non-GAAP Financial Measures" of this release. 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. 8:00am 5:00pm Continuing education sessions, Thursday, July 21 1 Includes tax expense relating to Swiss tax reform and a loss on the currency remeasurement of the related deferred tax assets, the latter of which is recorded within Other Loss (Income), Net. September 30, 2021, Net loss (income) attributable to noncontrolling interests. Presidents' Day. 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. 2021, September 30, 10 Mon . To access the telephone replay from within the U.S. and Canada, dial (866) 813-9403. 11:00am 5:00pm Exhibit hall & marketing lab 21 Mon. AmerisourceBergen offers paid holidays for employees. Media Statements and Executive Perspectives, Susan Lorenz-Fisher, Senior Vice President-Corporate Responsibility & Sustainability, AmerisourceBergen In his new role, Mr. Mauch will oversee all AmerisourceBergen operations. 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. Investor Day AmerisourceBergen will also host an Investor Day on Wednesday, June 1, 2022, in New York City. Juneteenth is observed on June 19 each year commemorating the emancipation of the enslaved African Americans back in 1865. As previously disclosed, on April 2, 2022, a comprehensive settlement agreement to settle a substantial majority of opioid lawsuits filed by state and local governmental entities became effective. Healthier futures start with the health of our people and planet, which is why we are committed to building partnerships and operations that benefit society and the environment. This page contains a national calendar of all 2022 federal and state holidays for the United States. Package 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 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. We prioritize the health and well-being of people both inside and outside AmerisourceBergen. 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. 05 Mon. This page contains a calendar of all 2022 public holidays for Zrich. Months Ended To be eligible for holiday pay, employee must be in pay status on the normal workday immediately preceding and the normal workday immediately following the day and date on which the holiday is observed. Christmas Day. Visit our . 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. State agency employees are entitled to a paid day off from work on a national, state, and skeleton crew holiday that the State observes as outlined in Texas Government Code, Chapter 662. 3-night package $2,032.00 Date Day Holiday; 1 Jan: Sat: New Year's Day: 15 Apr: Fri: Good Friday: 18 Apr: Mon: Easter Monday: 1 May: Sun: Labour Day: 26 May: Thu . Our wholesale and specialty distribution services ensure that crucial medications efficiently, reliably and securely reach their destinations every day. 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. Presentation. Apply a clean soft washcloth rung out in warm water and apply firmly against the affected ear as needed throughout the day. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by the federal securities laws. Holiday Schedule. Operating expenses increased 29.2 percent primarily due to an increase in expenses as a result of the June 2021 acquisition of Alliance Healthcare. 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. 1 Includes $60.7 million and $46.6 million of LIFO credits in the six months ended March 31, 2022 and 2021, respectively. 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. 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. The access code for the call will be 053465. 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. December 19, 2022, mackenzie.liberatori@amerisourcebergen.com, Health Economics, Market Access & Regulatory Consulting, Patient Access, Affordability & Adherence Services, Global Storage, Transport & Outsourced Logistics. AmerisourceBergen is now updating its fiscal year 2022 financial guidance to reflect the stronger than expected performance of several of its businesses. 610-727-3693 Workforce Management Analyst at AmerisourceBergen Oakland University 30 Mon. Choose your province or territory Most viewed holidays today: 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. "During the quarter, we delivered strong performance through execution across our business and continuing to play our vital role in the healthcare system. Replays of the call will be made available via telephone and webcast. 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. Johnson & Johnson Finalizes $26 Billion Opioid Settlement . Revenue of $238.6 Billion for Fiscal Year 2022, an 11.5 Percent Year-Over-Year Increase Federal Holidays 2022 - Calendar Date US Federal Holidays 2022 There are 11 federal holidays celebrated each year in the United States. 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. For example, LIFO expense/credit is largely dependent upon the future inflation or deflation of brand and generic pharmaceuticals, which is out of the Companys control, and acquisition-related intangibles amortization depends on the timing and amount of future acquisitions, which cannot be reasonably estimated. Participating in the conference call will be: The dial-in number for the live call will be (844) 200-6205. 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. Steven H. Collis, Chairman, President & Chief Executive Officer, James F. Cleary, Executive Vice President & Chief Financial Officer. AmerisourceBergen ranked No. CLOSED1 DAY DELAY ALL WEEK. 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. Share. 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. President Joe Biden signed the Juneteenth National Independence Day Act into law on June 17, 2021. Apply a warm compress. Asked May 1, 2018. 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. Memorial Day May 29, is in 149 days. 1 Excludes $28.4 million of September 2022 purchases that cash settled in October 2022. 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