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,”
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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
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