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Stock impact report

Owens & Minor Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

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: Yahoo! Finance
RICHMOND, Va., February 20, 2024 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 billion Delivered $741 million of operating cash flow Reduced total debt by $403 million and reduced net debt by $577 million Net 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 ongoing effectiveness of our go-to-market strategies on top of the healthy demand for home-based care. Our Products and Hea Show less Read more
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