What drove BTSGU's earnings growth in 2024?
4/13/2025 07:32pm
BrightSpring Health Services Inc. (BTSGU) experienced a net income of -$20.52 million and a total revenue of $11.27 billion in 2024. The diluted EPS grew by 0.87% in 2024, indicating a modest improvement from the previous year.
1. **Revenue Growth**: BTSGU's revenue growth was primarily driven by its Pharmacy Solutions segment, which saw a 27% increase in revenue year-over-year. This growth was attributed to volume increases across various business units, including infusion and specialty pharmacy.
2. **Cost Management**: The company's ability to manage costs effectively likely contributed to its financial performance. However, the negative net income indicates that BTSGU faced significant challenges or expenses during the year that offset its revenue growth.
In summary, BTSGU's 2024 earnings growth was driven by strong revenue growth, particularly in its Pharmacy Solutions segment, and effective cost management.
|code|Ticker|Name|Date|Total Revenue|Net Income|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|BTSG|BTSG.O|BrightSpring Health|2022 Q3|1.981415E9|-2.2979E7||185|
|BTSG|BTSG.O|BrightSpring Health|2022 Q4|1.970636E9|-5.6683E7||185|
|BTSG|BTSG.O|BrightSpring Health|2023 Q1|2.028378E9|-2.2276E7|-0.18|185|
|BTSG|BTSG.O|BrightSpring Health|2023 Q2|2.166724E9|2766000|0.03|185|
|BTSG|BTSG.O|BrightSpring Health|2023 Q3|2.256529E9|-1.30124E8|-1.11|185|
|BTSG|BTSG.O|BrightSpring Health|2023 Q4|2.374544E9|-7201000||185|
|BTSG|BTSG.O|BrightSpring Health|2024 Q1|2.576638E9|-4.6385E7|-0.26|185|
|BTSG|BTSG.O|BrightSpring Health|2024 Q2|2.73021E9|1.9441E7|0.1|185|
|BTSG|BTSG.O|BrightSpring Health|2024 Q3|2.906823E9|-8981000|-0.04|185|
|BTSG|BTSG.O|BrightSpring Health|2024 Q4|3.052801E9|1.5404E7||185|
|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|BTSG|BTSG.O|BrightSpring Health|2024 Q1|-108.22858681989584|27.029478726351797|-44.44444444444445|185|
|BTSG|BTSG.O|BrightSpring Health|2024 Q2|602.8561099060014|26.006357985604073|233.33333333333334|185|
|BTSG|BTSG.O|BrightSpring Health|2024 Q3|93.09812179152193|28.818331162595296|96.39639639639638|185|
|BTSG|BTSG.O|BrightSpring Health|2024 Q4|313.91473406471323|28.563673699034425||185|