Owens & Minor Q3 revenue up 3.8% to $2.59B; adjusted EPS $0.44, debt cut $188M

ACCENDRA HEALTH INC/VA/

2023-Q3 EPS reported -$0.78 revenue$7,677,817,000

Revenue $2.59B vs $2.497B in Q3 2022, driven by Patient Direct and Medical Distribution growth.
GAAP net loss per share $(0.08); adjusted net income per share $0.44.
Total debt paydown of $188M; net debt reduced by $117M.
Patient Direct outperformed market; Medical Distribution posted mid-single digit growth.
Operating Model Realignment Program delivered economic benefits; cautious on long-term PPE trajectory.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

ACCENDRA HEALTH INC/VA/ reported nine months ended September 30, 2023 results: revenue $7,678.

Period: nine months ended September 30, 2023
Revenue: $7,678
Result: reported results

Exact text from the filing

YTD YTD ($ in millions, except per share data) 3Q23 3Q22 2023 2022 Revenue $2,592 $2,497 $7,678 $7,404 Operating income, GAAP $23.8 $60.2 $44.5 $196.4

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ACCENDRA HEALTH INC/VA/ reported third quarter ended September 30, 2023 results: revenue $2.59 billion, net income Net loss per common share of $(0.08), EPS $(0.08).

Period: third quarter ended September 30, 2023
Revenue: $2.59 billion
Net income: Net loss per common share of $(0.08)
EPS: $(0.08)
Result: reported results

Exact text from the filing

2023 – Owens & Minor, Inc. (NYSE: OMI) today reported financial results for the third quarter ended September 30, 2023. Third Quarter Key Highlights: • Consolidated revenue of $2.59 billion • Net loss per common share of $(0.08) and adjusted net income per common share of $0.44 • $188 million in total debt pay down and $117 million reduction in net debt “Our

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Source: SEC EDGAR

accession 0000075252-23-000050

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