Omnicell reports Q2 EPS 57c, consensus 28c

Reports Q2 revenue $299M, consensus $284.6M. “Our second quarter results reflect sequential revenue and profit growth, as we exceeded our previously disclosed guidance ranges for total product and service revenues, non-GAAP EBITDA, and non-GAAP earnings per share,” said Randall Lipps, CEO. “We continue to make progress integrating our most recent acquisitions and executing go-to-market strategies for each. In addition, we believe our recent customer wins demonstrate the important role Omnicell plays in automating and modernizing global medication management infrastructure. We are maintaining what we believe is a prudent approach to managing the business and believe Omnicell will play a key role in addressing the labor constraints that so many of our customers continue to navigate. We remain focused on delivering mission-critical medication management solutions and long-term growth.”