---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-113604"
form_type: "8-K"
ticker: "OMCL"
cik: "0000926326"
company_name: "OMNICELL, INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:36:38.200958+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Omnicell Q3 rev $299M (-14% YoY); non-GAAP EPS $0.62; cuts FY23 guidance; plans 7% RIF

## Summary
- GAAP revenue $299M (-14% YoY); net income $6M ($0.12 diluted) vs $17M ($0.37) in Q3 2022.
- Non-GAAP net income $28M ($0.62 diluted) vs $45M ($1.00) in Q3 2022; non-GAAP EBITDA $41M vs $61M.
- Full year 2023 guidance cut: total revenue $1.135B-$1.155B; non-GAAP EPS $1.65-$1.80; Q4 rev $247M-$267M.
- Headcount reduction of >230 employees (~7% of workforce); expects $12M-$18M restructuring charges.
- Annualized cost savings of $45M-$55M, ~75% in operating expenses; majority realized starting Q1 2024.

## SEC filing metadata
- accession: 0001104659-23-113604
- form_type: 8-K
- ticker: OMCL
- cik: 0000926326
- company_name: OMNICELL, INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/926326/000110465923113604/0001104659-23-113604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/926326/000110465923113604/tm2329352d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-113604
- JSON: https://secwatch.observer/filing/0001104659-23-113604.json
- Plain text: https://secwatch.observer/filing/0001104659-23-113604.txt

## Key facts
- Earnings Releases
  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
  source text: 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,”
  evidence_url: https://www.sec.gov/Archives/edgar/data/926326/000110465923113604/0001104659-23-113604-index.htm
- Restructurings & Charges
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/926326/000110465923113604/0001104659-23-113604-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.