Owens & Minor quarterly profit jumps

Mon Apr 21, 2008 10:56pm BST
 
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NEW YORK, April 21 (Reuters) - Owens & Minor (OMI.N: Quote, Profile, Research), a distributor of medical and surgical supplies, said on Monday first-quarter profit more than doubled.

The Richmond, Virginia-based company posted a net profit of $24.2 million, or 59 cents per share, compared with a profit of $10.8 million, or 27 cents per share, a year ago, when results included significant expenses related an acquisition.

Analysts on average had expected 51 cents per share, according to Reuters Estimates.

(Reporting by Bill Berkrot, editing by Richard Chang)

 
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