Ownes & Minor (OMI) Misses Q3 EPS by 12c

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Go back to Ownes & Minor (OMI) Misses Q3 EPS by 12c

Owens & Minor Reports Third Quarter 2022 Financial Results

November 2, 2022 6:45 AM EDT

Adjusted EBITDA of $127 million, margin up 140 basis points
Patient Direct Revenue Growth of 142%, or 11.4% on a Pro Forma Basis for the Apria Acquisition
Generated $69 million of cash from operations in the quarter

RICHMOND, Va.--(BUSINESS WIRE)-- Owens & Minor, Inc. (NYSE-OMI) today reported financial results for the third quarter ended September 30, 2022, as summarized in the table below.

In the third quarter we saw greater than expected macro-economic and industry-related forces that continue to challenge our Products & Healthcare Services segment and as the quarter progressed, we saw more of our acute care customers... More