Owens & Minor, Inc. (OMI) News
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Latest OMI News From Around the Web
Below are the latest news stories about OWENS & MINOR INC that investors may wish to consider to help them evaluate OMI as an investment opportunity.
Owens & Minor to Present at Upcoming Investor ConferencesRICHMOND, Va., December 02, 2024--Owens & Minor, Inc. (NYSE: OMI), announced today that members of its management team are scheduled to participate in two upcoming investor conferences. |
Implied Volatility Surging for Owens & Minor (OMI) Stock OptionsInvestors need to pay close attention to Owens & Minor (OMI) stock based on the movements in the options market lately. |
Owens & Minor’s Rotech Acquisition: Navigating Integration Challenges and RisksOwens & Minor (OMI) has disclosed a new risk, in the Corporate Activity and Growth category. Owens & Minor faces significant risks associated with the integration of Rotech following its acquisition, which may impact the realization of anticipated benefits. The challenges include potential operational disruptions, increased costs, and complexities in merging business practices and personnel. Management’s attention may be diverted to address these issues, potentially resulting in delays or perfor |
Owens & Minor price target lowered to $18.50 from $21 at CitiCiti lowered the firm’s price target on Owens & Minor to $18.50 from $21 and keeps a Buy rating on the shares. The company’s Q3 results “were a bit of a mixed bag,” as revenue was largely in line while segment profitability was volatile, the analyst tells investors in a research note. The firm says Owens continues to work through its eligibility backlog due to the Change hack. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the |
Owens & Minor Reports Revenue Growth Amid Debt ReductionOwens & Minor ( (OMI) ) has shared an announcement. Owens & Minor reported a 5% rise in third-quarter revenue to $2.7 billion, driven by robust demand in Patient Direct and Medical Distribution. Despite a GAAP net loss of $13 million, adjusted earnings per share stood at $0.42. The company significantly reduced its debt by nearly $200 million, bolstering its financial position. Looking ahead, Owens & Minor anticipates sequential growth and improved cash flow, aiming for a revenue range of $10.6 |
Owens & Minor Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsOwens & Minor ( NYSE:OMI ) Third Quarter 2024 Results Key Financial Results Revenue: US$2.72b (up 5.0% from 3Q 2023... |
Owens & Minor Inc (OMI) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid ...Owens & Minor Inc (OMI) reports a 5% revenue increase and significant debt reduction, despite facing supply chain disruptions and high interest expenses. |
Q3 2024 Owens & Minor Inc Earnings CallQ3 2024 Owens & Minor Inc Earnings Call |
Health Solutions Provider Owens & Minor's Q3 Earnings: Revenue And EPS Beat, Trims Annual OutlookOn Monday, Owens & Minor Inc. (NYSE:OMI) reported the third quarter of 2024 adjusted EPS of $0.42, down from $0.44 reported a year ago, beating the consensus of $0.41. The company reported sales of $2.72 billion, up 5% year-over-year, beating the consensus of $2.68 billion. Patient Direct revenue of $687 million, up 6% year-over-year, driven by strength in several categories led by diabetes and sleep supplies. Products & Healthcare Services revenue of $2.0 billion, up 5%, driven primarily by str |
Owens & Minor (OMI) Q3 Earnings and Revenues Top EstimatesOwens & Minor (OMI) delivered earnings and revenue surprises of 5% and 1.25%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? |