Omnicell Sees FY24 Revenues Of $1.10B-$1.11B (Prior $1.07B-$1.110B) Vs. $1.09B Estimate With Adj EPS Of $1.65-$1.72 (Prior $1.20-$1.50) Vs. $1.37 Estimate
Portfolio Pulse from Benzinga Newsdesk
Omnicell has updated its 2024 financial guidance, projecting revenues between $1.10B and $1.11B, slightly above the previous range. Adjusted EPS is expected to be between $1.65 and $1.72, higher than prior estimates. The company cites strong performance in the first three quarters of 2024.
October 30, 2024 | 10:36 am
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Omnicell has raised its 2024 revenue guidance to $1.10B-$1.11B, slightly above previous estimates, and adjusted EPS to $1.65-$1.72, indicating strong performance in the first three quarters.
The upward revision in revenue and EPS guidance suggests strong business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
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