Omnicell (OMCL) Announces Preliminary Fiscal Year 2020 Financial Results

Go back to Omnicell (OMCL) Announces Preliminary Fiscal Year 2020 Financial Results

Omnicell Announces Preliminary Fiscal Year 2020 Financial Results

January 13, 2021 8:01 AM EST

Company Expects to Exceed Previously Announced Guidance Across All Key Metrics; Provides Full Year 2021 Guidance and Updates Long-Term Targets

2020 Total Product Bookings Expected to be Approximately $1.00 Billion and 2020 Revenues Expected to be $890 Million-$892 Million

Increased Full Year 2021 Preliminary Revenue Guidance to $1.085 Billion-$1.105 Billion

Targeting 14%-15% 2021-2025 Revenue CAGR (Organic 11%-12%; Inorganic 3%)

Announced 2025 Targets of Approximately 21% Non-GAAP Operating Margin and Approximately 25% Non-GAAP EBITDA Margin

With Two New Adds in the... More