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Stock impact report

Owens & Minor Reports Third Quarter 2024 Financial Results

Owens & Minor, Inc. (OMI) 
Last owens & minor, inc. earnings: 3/4 06:45 am Check Earnings Report
US:NYSE Investor Relations: owens.edu
Company Research Source: Business Wire
Top-Line Growth Driven by Continued Solid Demand in Patient Direct and Medical DistributionTotal Debt Reduction of Nearly $200 Million in the Third Quarter RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) today reported financial results for the third quarter ended September 30, 2024.Key Highlights:Consolidated revenue of $2.7 billion in the third quarter, representing year-over-year growth of 5%GAAP Net loss of $(13) million or $(0.17) per share, and adjusted earnings per share of $0.42 in the third quarterAdjusted EBITDA of $142 million in the third quarter, representing year-over-year growth of 5%$198 million in total debt reduction in the third quarter“Our third quarter results demonstrated our ability to deliver on our commitments both near-term as well as on our strategic initiatives. Our Patient Direct segment continues to perform well in the growing home-based care space while we continue investing to support long-term profitable growth. In our Products & Hea Show less Read more
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