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Revenues up 28% in the quarter
October 31, 2013
By: Tim Wright
AmerisourceBergen 4Q Revenues: $24.5 billion (+28%) 4Q Earnings: $51.0 million (-69%) FY Revenues: $88.0 billion (+13%) FY Earnings: $433.7 million (-40%) Comments: Growth in the quarter reflects a 34% increase in AmerisourceBergen Drug Corp. (ABDC) revenue, and a 12% increase in AmerisourceBergen Specialty Group (ABSG) revenue. Pharmaceutical Distribution revenues were $24.1 billion, up 29%. Earnings reflect discontinued operations from AndersonBrecon and AmerisourceBergen Canada Corp., both of which were divested in 3Q13.
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