Ownes & Minor (OMI) Tops Q2 EPS by 3c; Affirms Outlook

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Owens & Minor Reports 2nd Quarter 2016 Financial Results

August 2, 2016 5:10 PM EDT

Consolidated quarterly revenue grew 2.5% to $2.48 billion Quarterly operating earnings were $52.1 million, while adjusted operating earnings (non-GAAP) were $58.8 million for the quarter Quarterly diluted EPS was $0.45, while adjusted quarterly diluted EPS (non-GAAP) was $0.52

RICHMOND, Va.--(BUSINESS WIRE)-- Owens & Minor, Inc. (NYSE-OMI) today reported financial results for the second quarter ended June 30, 2016, including consolidated revenues of $2.48 billion, an increase of 2.5% when compared to revenues of $2.42 billion in the second quarter of 2015. Quarterly net income was $27.7 million, or $0.45 per diluted share, compared to $0.39... More