Ownes & Minor (OMI) Tops Q1 EPS by 3c
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Owens & Minor Reports 1st Quarter 2016 Financial Results
May 3, 2016 5:08 PM EDT- Consolidated quarterly revenue grew 2.7% to $2.46 billion
- Adjusted net income per diluted share was $0.50 for the quarter
- Operating cash flow for the quarter was $45 million
RICHMOND, Va.--(BUSINESS WIRE)-- Owens & Minor, Inc. (NYSE-OMI) today reported financial results for the first quarter ended March 31, 2016, including consolidated revenues of $2.46 billion, an increase of 2.7% when compared to revenues of $2.39 billion in the first quarter of 2015. Quarterly net income was $24.1 million, or $0.39 per diluted share. Adjusted net income (non-GAAP) was $31.3 million, or $0.50 per diluted share, compared to $0.44 per... More
