Omnicell: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 06:42 AM ET
Last Updated - Dec 16, 2024, 05:51 PM EST
FORT WORTH, Texas (AP) — FORT WORTH, Texas (AP) — Omnicell Inc. (OMCL) on Wednesday reported third-quarter profit of $8.6 million.
The Fort Worth, Texas-based company said it had net income of 19 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 56 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
The Omnicell Inc. posted revenue of $282.4 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $278 million.
