secwatch.observer — SEC 8-K summary
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Issuer:     ACCENDRA HEALTH INC/VA/ (ACH)
CIK:        0000075252
Form:       8-K
Filed at:   2022-10-12T23:59:59+00:00
Accession:  0001193125-22-261008
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owens & Minor cuts FY2022 guidance, announces executive reshuffle amid macro headwinds
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- Preliminary Q3 GAAP EPS $0.15-$0.17; adjusted EPS $0.39-$0.41.
- FY2022 adjusted EPS guidance cut to $2.50-$2.60 (prev. $2.85-$3.15); adjusted EBITDA $527-$537M (prev. $570-$610M).
- CFO Andy Long becomes EVP/CEO of Products & Healthcare Services segment; Alex Bruni promoted to EVP/CFO.
- COO Jeff Jochims resigns; separation agreement provides 1.5x salary and bonus severance.
- Weakness attributed to unfavorable macro, lower hospital volumes, and elevated customer stocking.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75252/000119312522261008/0001193125-22-261008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75252/000119312522261008/d390830d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-261008

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