May 7, 2020 / 9:20 PM / a month ago

BRIEF-Omnicell Reports First Quarter 2020 Results

May 7 (Reuters) - Omnicell Inc:

* OMNICELL REPORTS FIRST QUARTER 2020 RESULTS

* Q1 NON-GAAP EARNINGS PER SHARE $0.66

* Q1 GAAP EARNINGS PER SHARE $0.26

* Q1 REVENUE $229.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $219.4 MILLION

* Q1 EARNINGS PER SHARE ESTIMATE $0.53 — REFINITIV IBES DATA

* DURING SECOND HALF OF MARCH 2020 AND INTO MAY 2020, WE STARTED TO SEE A SLOWDOWN OF PRODUCT BOOKINGS

* OMNICELL - EXPECT TO SEE LOWER PRODUCT BOOKINGS AND REVENUES DURING FISCAL YEAR 2020 COMPARED TO MANAGEMENT’S EXPECTATIONS PRIOR TO COVID-19 OUTBREAK

* ANTICIPATE COVID-19 DRIVEN DEMAND DISRUPTIONS TO NEGATIVELY IMPACT 2020 RESULTS VERSUS PRIOR GUIDANCE

* DO NOT BELIEVE WE CAN PROVIDE MEANINGFUL NEAR- TO MEDIUM-TERM DIRECTION AT THIS TIME

* WITHDRAWS ITS PREVIOUSLY ISSUED FULL YEAR 2020 FINANCIAL GUIDANCE THAT WAS PROVIDED ON FEBRUARY 6 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below