Ownes & Minor (OMI) Tops Q3 EPS by 1c

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Owens & Minor Reports 3rd Quarter 2019 Financial Results

November 6, 2019 6:52 AM EST

RICHMOND, Va.--(BUSINESS WIRE)-- Owens & Minor, Inc. (NYSE-OMI) today reported financial results for the third quarter ended September 30, 2019, as summarized in the table below.

I am excited to announce that we had another quarter with significant sequential improvement. Our third quarter results show back-to-back quarters of sequential growth in operating income and EPS, expansion of quarterly operating cash flow, additional reduction in working capital and an increased pace of debt pay down. This is a result of our teammates actively embracing our focus around serving our customers and driving productivity, said Edward A. Pesicka, President & Chief... More