secwatch / observer
8-K filed November 2, 2023, 7:59 PM ET ticker OMCL CIK 0000926326
earnings confidence high sentiment negative materiality 0.85

OMNICELL, INC. (OMCL): restructuring charge — Omnicell Q3 rev $299M (-14% YoY); non-GAAP EPS $0.62; cuts FY23 guidance; plans 7% RIF

OMNICELL, INC.

2023-Q3 EPS reported -$0.13 revenue$888,265,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OMNICELL, INC. reported third quarter ended September 30, 2023 results: revenue $299 million, net income $6 million, or $0.12 per diluted share. Guidance lowered.

Period
third quarter ended September 30, 2023
Revenue
$299 million
Net income
$6 million, or $0.12 per diluted share
Guidance
lowered
Result
reported results
Exact text from the filing
TX 76137 Kathleen.Nemeth@Omnicell.com Omnicell Announces Third Quarter 2023 Results; Updates Fiscal Year 2023 Guidance and Announces Reduction in Force Total GAAP revenues of $299 million GAAP net income per diluted share of $0.12 Non-GAAP net income per diluted share of $0.62 FORT WORTH, Texas -- November 2, 2023 -- Omnicell, Inc. (NASDAQ:OMCL) (“Omnicell,”
View on SEC.gov
Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

OMNICELL, INC. announced a restructuring with charges of approximately $12 - $18 million affecting a majority of its functions (more than 230 employees, representing approximately 7% of the Company’s workforce).

Type
restructuring
Charge
approximately $12 - $18 million
Affected area
a majority of its functions
Headcount
more than 230 employees, representing approximately 7% of the Company’s workforce
Exact text from the filing
by more than 230 employees, representing approximately 7% of the Company’s workforce . In connection with the 2023 Plan, the Company estimates that it will incur approximately $12 - $18 million of nonrecurring restructuring and related charges. The estimated nonrecurring restructuring and related charges consist of (i) approximately $9 - $12 million of
View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

OMNICELL, INC. filing history →

Source: SEC EDGAR
accession 0001104659-23-113604
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