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Owens & Minor: Q1 Earnings Snapshot
By AP News - May 05, 2023, 06:42 AM ET
Last Updated - Jun 21, 2023, 10:27 PM EDT
MECHANICSVILLE, Va. (AP) — MECHANICSVILLE, Va. (AP) — Owens & Minor Inc. (OMI) on Friday reported a loss of $24.4 million in its first quarter.
On a per-share basis, the Mechanicsville, Virginia-based company said it had a loss of 32 cents. Earnings, adjusted for one-time gains and costs, were 5 cents per share.
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The medical supply distributor posted revenue of $2.52 billion in the period.
Owens & Minor expects full-year earnings in the range of $1.30 to $1.65 per share, with revenue in the range of $10.2 billion to $10.6 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a OMI">Zacks stock report on OMI at https://www.zacks.com/ap/OMI
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