Omnicell (NASDAQ: OMCL) reported Q1 EPS of $0.29, $0.04 better than the analyst estimate of $0.25. Revenue for the quarter came in at $182.6 million versus the consensus estimate of $177.37 million.

• GAAP results: GAAP revenue for the first quarter of 2018 was $182.6 million, up $34.1 million, or 23% from the first quarter of 2017.
• First quarter 2018 GAAP net income as reported was $2.7 million, or $0.07 per diluted share. This compares to GAAP net loss of $10.3 million, or $0.28 per diluted share, for the first quarter of 2017.
• Non-GAAP results: Non-GAAP revenue for the first quarter of 2018 was $182.6 million, up $33.8 million, or 23% from the first quarter of 2017.
• Non-GAAP net income for the first quarter of 2018 was $11.5 million, or $0.29 per diluted share. This compares to non-GAAP net income of $2.5 million, or $0.07 per diluted share, for the first quarter of 2017.

2018 Guidance:

For the second quarter of 2018, the Company expects non-GAAP revenue to be between $185 million and $190 million. The Company expects second quarter 2018 non-GAAP earnings to be between $0.36 and $0.42 per share.

For the year 2018, the Company expects product bookings to be between $625 million and $660 million. The Company expects non-GAAP revenue to be between $780 million and $800 million, and non-GAAP earnings to be between $1.85 and $2.05 per share.

GUIDANCE:

Omnicell sees FY2018 EPS of $1.85-$2.05, versus the consensus of $1.97. Omnicell sees FY2018 revenue of $780-800 million, versus the consensus of $790 million.

For earnings history and earnings-related data on Omnicell (OMCL) click here.