Owens & Minor Posts Loss In Q2; Revises 2023 Outlook

(RTTNews) - Owens & Minor, Inc. (OMI) reported a second quarter net loss of $28.2 million compared to profit of $28.6 million, last year. Loss per share was $0.37 compared to profit of $0.37. Adjusted net income per share declined to $0.18 from $0.76, prior year. Second quarter revenue increased to $2.56 billon from $2.50 billion, last year.

The company revised its outlook for 2023; and now projects: revenue to be in a range of $10.2 billion to $10.5 billion; and adjusted EPS to be in a range of $1.30 to $1.55.

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