earnings
confidence high
sentiment negative
materiality 0.75
Owens & Minor: preliminary Q4 net loss ~$300M, $310M goodwill impairment; launches financing for Rotech acquisition
ACCENDRA HEALTH INC/VA/
2024-FY EPS reported
-$4.73
revenue$10,700,883,000
- Q4 prelim rev $2.67-2.70B; net loss $(288-311)M; adj EBITDA $135-140M; adj EPS $0.52-0.55.
- FY2024 prelim rev $10.67-10.70B; net loss $(355-378)M; adj EBITDA $520-525M; adj EPS $1.50-1.53.
- Non-cash goodwill impairment ~$310M in Apria division from stock decline, rates, contract pricing.
- Total debt reduced by over $240M in 2024; total debt ~$1.854-1.859B; net debt ~$1.805-1.810B.
- Commenced financing for previously announced Rotech acquisition; expected close 1H 2025.