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Stock impact report

Owens & Minor Reports Fourth Quarter and Full Year 2023 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
Business Delivered Strong Operating Margin Improvement in Fourth QuarterRobust Full Year Operating Cash Flow Generation Enabled Significant Debt Reduction RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) today reported financial results for the fourth quarter and year ended December 31, 2023.Full Year 2023 Key Highlights:Consolidated revenue of $10.3 billionDelivered $741 million of operating cash flowReduced total debt by $403 million and reduced net debt by $577 millionNet loss per common share of $(0.54) and adjusted net income per common share of $1.36“We once again delivered on our commitments and had a strong finish to 2023, demonstrated by our top-line growth across both business segments, robust profit growth and exceptional operating cash flow which allowed us to further strengthen our balance sheet,” said Edward A. Pesicka, President & Chief Executive Officer of Owens & Minor. “Our Patient Direct segment continued to outperform the market, showcasing the on Show less Read more
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