Owens Minor Shares Slip On FY22 Outlook Cut
Owens Minor Inc (NYSE: OMI I ) reported second-quarter revenue of $2.50 billion, an increase of 0.44% year-over-year , missing the consensus of $2.54 billion. Adjusted EPS of $0.76 in Q2 was lower than $1.06 a year ago, matching the consensus of $0.76. Gross margin expanded by 523 bps to 21.3%. Adjusted operating income declined 1.7% Y|Y to $113.6 million, and the margin was 4.5%, down by 10 bps. Patient Direct revenue grew 145% Y|Y to $573 million, with Byram revenue growth of 17% and Apria pro forma up 4.4%. Products Healthcare Services revenue was … Full story available on Benzinga.com
Owens Minor Shares Slip On FY22 Outlook Cut
Owens Minor Inc (NYSE: OMI I ) reported second-quarter revenue of $2.50 billion, an increase of 0.44% year-over-year , missing the consensus of $2.54 billion. Adjusted EPS of $0.76 in Q2 was lower than $1.06 a year ago, matching the consensus of $0.76. Gross margin expanded by 523 bps to 21.3%. Adjusted operating income declined 1.7% Y|Y to $113.6 million, and the margin was 4.5%, down by 10 bps. Patient Direct revenue grew 145% Y|Y to $573 million, with Byram revenue growth of 17% and Apria pro forma up 4.4%. Products Healthcare Services revenue was … Full story available on Benzinga.com